Mold-Tek Packaging Limited Declares Interim Dividend for the Financial Year 2017-2018, Payable on or from May 25, 2018 to June 11, 2018; Approves Board Changes
May 14, 2018 at 09:44 am
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Mold-Tek Packaging Limited announced that at the board of directors meeting held on May 14, 2018, declared an interim dividend for the financial year 2017-2018 at the rate of 40% that is INR 2 per equity share on face value of INR 5 per share. Record date is May 22, 2018. The interim dividend shall be paid on or from May 25, 2018 to June 11, 2018.
The meeting accepted the resignation of Ms. Apeksha Naidu as Company Secretary and Compliance Officer with effect from April 30, 2018, appointed Mr. Thakur Vishal Singh as Company Secretary and Compliance Officer with effect from May 14, 2018, appointed Mr. Eswara Rao Immaneni as Additional Director of the company, appointed Dr. Venkata Appa Rao Kotagiri as Additional Director of the company under Independent Director Category with effect from May 14, 2018, appointed Mr. Srinivas Madireddy as Additional Director of the company under Executive Director, promoter category with effect from May 14, 2018.
Mold-Tek Packaging Limited is an India-based holding company. The Company is engaged in the manufacturing of injection molded containers for lubes, paints, food, and other products. It operates through the packaging containers segment. The Companyâs products include paint packaging, lubricant packs, food containers, bulk packaging, and dispenser pumps & sanitizer containers. It also offers in-mould labelling (IML) decoration and also has a heat transfer label (HTL) as well as silk screen printing. The Company offers lube containers with tamperproof flexi spouts for easy pouring and usage. It also provides bulk containers for bulk drugs, chemicals, and food. Its products also include paint pails, lubricants, twist lock packs, peanut butter packs, restaurant packs and ice cream packs. The Company is also engaged in importing and supplying pumps for various sanitizers, hand wash, soap manufacturing companies, and others. Its wholly owned subsidiary is Mold-Tek Packaging FZE, UAE.
Mold-Tek Packaging Limited Declares Interim Dividend for the Financial Year 2017-2018, Payable on or from May 25, 2018 to June 11, 2018; Approves Board Changes