Mold-Tek Technologies Limited (MOLDTECH) — Board Meeting | 1 May 2026

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📢 Key Event
Board and shareholders approved withdrawal of proposed preferential issue.

🔄 What Changed
Withdrawal of up to 2.9 lakh equity shares at ₹164 per share.

💡 Investor Takeaway
The capital raise is canceled, avoiding dilution and preserving existing share value.

Mold-Tek Technologies Limited withdrew its proposed preferential issue of up to 2.9 lakh equity shares at ₹164 per share after the allottee failed to transfer application money within the stipulated timeline. The Board approved cancellation via circular resolution on May 1, 2026, following NSE and BSE in-principal approvals on April 16, 2026.

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About Mold-Tek Technologies Limited (MOLDTECH)

Construction · Construction · Listed on NSE

Market Cap: ₹359.03 Cr P/E: 17.6

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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