Mold-Tek Technologies Promoter Gifts 10 Lakh Shares to Children

1 min read     Updated on 05 Sept 2025, 08:41 PM
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Shriram ShekharScanX News Team
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Overview

Mold-Tek Technologies Limited announced an inter se transfer within its promoter group. Mr. Subramanyam Adivishnu gifted 10,00,000 equity shares (5,00,000 each) to his son and daughter. The transfer represents 3.50% of the company's total share capital but does not change the overall promoter group holding of 49.39%. Each share has a face value of ₹2.00. The company's total equity share capital is 2,85,64,460 shares.

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*this image is generated using AI for illustrative purposes only.

Mold-Tek Technologies Limited , a prominent player in the technology sector, has reported a significant inter se transfer within its promoter group. The company announced that Mr. Subramanyam Adivishnu, a key promoter, has gifted a total of 10,00,000 equity shares to his children.

Transfer Details

The transfer involves the following:

  • 5,00,000 shares gifted to Mr. Adivishnu Durga Sundeep (son)
  • 5,00,000 shares gifted to Mrs. Lakshmi Mythri Adivishnu (daughter)

Each share has a face value of ₹2.00, making this a substantial transfer within the family.

Impact on Shareholding

This inter se transfer represents 3.50% of Mold-Tek Technologies' total share capital. However, it's important to note that this movement of shares does not alter the overall promoter group holding in the company. The promoter group continues to hold 49.39% of the total share capital, remaining unchanged after this internal transfer.

Company Share Capital

Mold-Tek Technologies Limited's equity share capital stands at 2,85,64,460 shares, each with a face value of ₹2.00.

Significance

This transfer is noteworthy as it represents a generational shift within the promoter group, potentially indicating succession planning within the Adivishnu family. Both recipients, Mr. Adivishnu Durga Sundeep and Mrs. Lakshmi Mythri Adivishnu, are already members of the promoter group, suggesting a continued commitment to the company's leadership.

While this transfer doesn't impact the overall promoter holding, it does redistribute a significant portion of shares within the family, which could have implications for future decision-making processes within the promoter group.

Investors and market watchers may view this development as a sign of the promoter family's long-term commitment to Mold-Tek Technologies Limited, as they continue to maintain their substantial stake in the company while planning for the future.

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Mold-Tek Technologies Reports Q1 Turnaround with ₹68.47 Lakh Profit, Revenue Up 11.43% QoQ

2 min read     Updated on 07 Aug 2025, 04:08 PM
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Reviewed by
Naman SharmaScanX News Team
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Overview

Mold-Tek Technologies Limited reported improved Q1 results with a profit of ₹68.47 lakh, reversing previous quarter's loss. Consolidated revenue increased 11.43% to ₹3,329.12 lakh, and EBITDA surged 884.61% to ₹243.85 lakh quarter-on-quarter. However, year-on-year performance declined due to U.S. construction sector stagnation. The company announced a ₹1.00 per share dividend and reported signs of recovery with increasing order volumes. Management remains optimistic about future performance, citing early revival signs in the U.S. market and strategic initiatives gaining traction.

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*this image is generated using AI for illustrative purposes only.

Mold-Tek Technologies Limited , a leading provider of engineering services specializing in Civil and Mechanical domains, has announced its financial results for the first quarter, showcasing a significant turnaround in profitability.

Key Financial Highlights

  • Consolidated revenue stood at ₹3,329.12 lakh, up 11.43% from ₹2,987.66 lakh in the previous quarter.
  • The company reported a profit after tax (PAT) of ₹68.47 lakh, compared to a loss of ₹156.05 lakh in the previous quarter.
  • EBITDA surged to ₹243.85 lakh, a remarkable 884.61% increase from ₹(31.08) lakh in the previous quarter.

Year-on-Year Performance

Despite the quarterly improvements, the company faced challenges on a year-on-year basis:

  • Revenue declined by 15.27% compared to ₹3,928.88 lakh in the same quarter of the previous year.
  • PAT decreased by 86.79% from ₹518.20 lakh in the same quarter last year.
  • EBITDA saw a 71.74% reduction from ₹862.89 lakh in the same quarter of the previous year.

Management Commentary

Mr. J Lakshmana Rao, Chairman & Managing Director, commented on the results, stating that the company's performance improved compared to the previous quarter. However, he noted that prolonged stagnation in the U.S. construction sector due to political and policy uncertainties had affected revenues and margins compared to the same quarter last year.

Dividend Announcement

The Board of Directors has recommended a final dividend of ₹1.00 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.

Operational Highlights

  • The company reported signs of recovery, with order volumes beginning to build up.
  • Mold-Tek's new business development team has been contributing to enquiries and securing multiple RFQs.
  • The company continues to prioritize cost efficiency by adopting automated tools like API and Tek Assist.
  • As of the end of the quarter, Mold-Tek held cash reserves of ₹53.86 crore, primarily invested in fixed-income instruments.

Future Outlook

The management expressed optimism about sustaining the positive momentum in the coming quarters. With early signs of revival in the U.S. construction market and strategic initiatives gaining traction, the company anticipates improved performance for the rest of the fiscal year.

Segment-wise Prospects

Civil and Structural Division

  • Faced challenges due to unfavorable market conditions in the U.S. and new tariff policies.
  • Cautiously optimistic about improvements in the next quarter.
  • On track to complete three major projects secured in the current quarter by the end of the next quarter.
  • Gaining momentum in the Pre-Engineered Metal Building (PEMB) segment.

Mechanical Division

  • Aligned with long-term strategic roadmap despite recent slowdowns in EV and automobile sectors.
  • Expanding into areas like Special Purpose Machinery (SPM) and Plant Engineering.
  • Shifting focus to hybrid technologies, retrofitting, and process engineering to mitigate impacts of EV sector deceleration.

Corporate Updates

  • Appointment of Mr. Prateek Kumar Tiwari as Company Secretary and Compliance Officer.
  • Recommended appointment of Mr. Ashish Kumar Gaggar as Secretarial Auditor for five years, subject to shareholder approval.

Mold-Tek Technologies remains committed to long-term, sustainable growth through project execution, cost optimization, and sectoral diversification strategies.

Historical Stock Returns for Mold-Tek Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.58%+4.13%+15.18%+40.46%-29.86%+329.88%
Mold-Tek Technologies
View in Depthredirect
like19
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