Mold-tek announces interim dividend 1.70 per share for FY'22

Hyderabad: City-based leading Structural Engineering and Designing service provider, Mold-tek Technologies Limited, has announced an interim dividend of Rs1.70 per equity share i.e. at 80 per cent on face value of Rs2 per share for the financial year 2021-22. Earlier for FY 20-21 it paid interim dividend at 30 per cent i.e. Rs0.60 per equity share issued.

Mold-tek Group has a very good track record in paying dividend, where it has paid interim and final dividends during last 3 financial years at 70 per cent, 75 per cent and 70 per cent, respectively. Flagship company, Mold-tek packaging ltd also consistently paying interim and final dividends for last several years where during the last 3 financial years 80 per cent,100 per cent and 140 per cent dividends were distributed to make sure all the shareholders are benefitted. Mold-tek Packaging Ltd is yet to announce Interim dividend for the last 9 month period of FY 2021-22.

Mold-tek packaging ltd has raised funds of Rs104 crore through its qualified institutional placement (QIP) from reputed investors like Goldman Sachs, Ashoka India, ICICI Prudential, White OAK, Aditya Birla etc. Mold-tek Technologies Ltd is the only listed company in civil structural design and detailing services in India and is one of the solutions partner to many clients in US and Europe.