Mold-Tek Technologies fixes October 9 record date for 1:1 bonus share issue

Mold-Tek Technologies Ltd has fixed October 9, 2026, as the record date for determining shareholders eligible for its 1:1 Bonus equity share issue.

Shareholders whose names appear in the Register of Members on the record date will receive one fully paid-up bonus equity share of face value Rs 2 for every one fully paid-up existing equity share of Rs 2 held by them. The company’s board approved the record date at its September 28 meeting, following shareholder approval of the proposal on September 21.

The deemed date of allotment for the bonus shares has been set as October 12, 2026. The new shares will rank pari passu with the existing fully paid-up equity shares in all respects from the record date.

The company will issue the bonus shares by capitalising the required amount from its Securities Premium Account, Free Reserves or other reserves and surplus permitted under applicable rules. A bonus issue does not involve a cash payout to shareholders. While eligible investors will receive additional shares, their proportional ownership in the company remains unchanged immediately after the allotment, subject to the usual market adjustment in the share price.

The corporate action comes after a sharp improvement in Mold-Tek Technologies’ financial performance in the June 2026 quarter. Net sales rose 78.85 per cent year-on-year to Rs 59.54 crore, while profit after Tax increased to Rs 9 crore from Rs 0.68 crore in the corresponding quarter a year earlier. The company reported a PAT margin of 15.12 per cent in the June quarter, compared with 2.05 per cent a year earlier.

The quarterly recovery follows a weaker FY26 profitability outcome despite revenue growth. In FY26, consolidated revenue from operations rose 24.6 per cent to Rs 181.68 crore, but profit after tax declined 17.1 per cent to Rs 10.09 crore. Higher employee costs, other expenses and mark-to-market losses on derivative contracts had weighed on annual profitability.

More recently, management has pointed to stronger work on hand in civil engineering and improving opportunities in US power distribution and substation-related work. It has also said that cost rationalisation in the automobile engineering and MES business, alongside productivity initiatives, supported the June-quarter margin improvement. The durability of this recovery will remain an operating monitor, particularly as the company builds its US engineering platform and seeks to improve the contribution from Beryl Engineering.

As of 12:54 PM on September 28, 2026, Mold-Tek Technologies shares were trading at Rs 195.15, down 4.13 per cent from the previous close of Rs 203.55. The stock was about 10.6 per cent below its 52-week high of Rs 218.20, while remaining well above its 52-week low of Rs 103.

Over the past year, the stock has gained 21.49 per cent, compared with a 4.14 per cent decline in the BSE 500, implying an outperformance of about 25.63 percentage points. The company’s market capitalisation stood at Rs 586.33 crore based on the supplied market data.

Disclaimer: The article is for informational purposes only and not investment advice.