Packaging Sector Small Cap Stock Declares 80% Interim Dividend, Fixes Record Date, Stock Plunge 2%

Mold-Tek Packaging Ltd., a small-cap packaging sector company, today, in its Board meeting held on April 12, 2023, declares an interim dividend of 80% i.e. Rs 4 per share for the financial year 2022-23. In addition, the company fixes April 21, 2023, as the record date for the said dividend.

Declared Interim Dividend & Sets Record Date

According to the regulatory filing by the Board of Directors of the Mold-Tek Packaging Ltd., "This is to inform you that the Board of Directors ("Board") of the Company at its meeting held today i.e. 12th April, 2023, have, inter-alia, declared an Interim Equity Dividend for the Financial Year 2022-23 @ 80% i.e. ₹ 4.00/- per equity share on face value of ₹ 5.00/- per equity share. As intimated vide our letter dated 7th April, 2023, the record date for reckoning the list of equity shareholders who will be entitled to receive the said interim equity dividend shall be Friday, 21st April, 2023. The interim dividend will be paid to such shareholders on or before Thursday, 11th May, 2023."

Stock Overview

The shares of Mold-Tek Packaging fall 2.04%, closing at Rs 933.65/share. Its previous close was Rs 286.95/share.

The stock's 52 week high is Rs 1,110/share and 52 week low is Rs 648.15/share, respectively. This company has a market valuation of Rs 3,092.31 crore.

The stock has given 17.37% positive return in 1 year. It has given robust 451.8% in 3 years and 189.32% positive return in 5 years.

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