Mold-Tek Packaging Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on May 27 2019 inter alia has recommended a final dividend of Rs. 2.00 per Equity Share (40%) for the financial year ended March 31 2019 on Equity Shares on face value of Rs. 5/- each. The Board of Directors has earlier declared an interim dividend of Rs. 2.00 per Equity Share (40%) on face value of Rs. 5/- each at its meeting held on May 02 2019. The total dividend for the year ended March 31 2019 amounts to Rs. 4.00 per Equity Share (80%) on face value of Rs. 5/- each against 80% i.e. Rs. 4 per share for the previous year 2017-18.
The final dividend is subject to the approval of shareholders at the ensuing Annual General Meeting.