Mold-Tek Technologies Limited has announced the outcome of its Board Meeting held on February 28, 2026. The Board has approved the issuance of up to 2,90,000 equity shares of face value ₹2 each at an issue price of ₹164 per share, including a premium of ₹162 per share. This preferential issue, for cash to an identified investor (Non-Promoter), aggregates up to ₹4,75,60,000 (Rupees Four Crores Seventy-Five Lacs Sixty Thousand Only). The approval is subject to member approval and compliance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. To facilitate this preferential issue, the company will convene an Extraordinary General Meeting (EGM) on Monday, March 30, 2026, at 11:30 AM IST. The EGM will be conducted through video conference/Other Audio Visual Means to seek member approval for the preferential allotment. Mr. Ashish Kumar Gaggar, a Company Secretary in Practice, has been appointed as the scrutinizer to oversee the entire e-voting process for the EGM. The Relevant Date for the SEBI ICDR Regulations is February 27, 2026. The disclosure also specifies that Mr. Richard Leon Cannyn is the identified investor, who will hold 0.997% post-allotment, and the issue price is ₹164 per equity share.
