Now Reading: Mold-Tek Technologies announces bonus shares, final dividend
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Mold-Tek Technologies announces bonus shares, final dividend
Mold-Tek Technologies Ltd, a microcap stock with a market cap of about Rs 565 crore, has announced a 1:1 bonus share issue and a final dividend of Rs 2 per share. The…
Mold-Tek Technologies Ltd, a microcap stock with a market cap of about Rs 565 crore, has announced a 1:1 bonus share issue and a final dividend of Rs 2 per share. The stock has risen over 45% in the past month, from Rs 134.75 to Rs 195 on the NSE.
The board has set September 14, 2026 as the record date for the dividend, which is subject to shareholder approval at the annual general meeting on September 21, 2026. The record date for the bonus shares will be announced later. The stock hit an intraday high of Rs 198.20 on the NSE.
Indian Opinion Analysis
Bonus issues and dividends are typically used by companies to reward shareholders without reducing cash reserves, though they do not change the company's underlying value. Mold-Tek Technologies' market cap of roughly Rs 565 crore places it in the microcap category, where price movements can be sharp on low trading volumes, today's volume was around 43,000 shares. Shareholders will watch for the bonus issue record date and the AGM on September 21, 2026, when the dividend needs approval.
Source: livemint.com
This brief was synthesised by AI from the source linked above.
