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Mold-Tek Packaging Ltd.

BSE: 533080 | NSE: MOLDTKPAC |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE893J01029 | SECTOR: Plastics - Moulded Articles and Furnitures

BSE Live

Oct 07, 14:06
755.35 3.60 (0.48%)
Volume
AVERAGE VOLUME
5-Day
8,280
10-Day
7,235
30-Day
17,748
2,255
  • Prev. Close

    751.75

  • Open Price

    726.20

  • Bid Price (Qty.)

    757.05 (6)

  • Offer Price (Qty.)

    760.10 (6)

NSE Live

Oct 07, 14:06
759.15 7.10 (0.94%)
Volume
AVERAGE VOLUME
5-Day
44,936
10-Day
62,621
30-Day
67,887
26,451
  • Prev. Close

    752.05

  • Open Price

    752.05

  • Bid Price (Qty.)

    758.05 (1)

  • Offer Price (Qty.)

    759.30 (1)

Company History - Mold-Tek Packaging
The Company was incorporated as Tresure Paks Private Limited on 28th
 day of February, 1997 under the Companies Act, 1956 with Company No.
 01-26542 of 1997-98, which was converted into public limited company
 on 10th August, 2007. The name of the Company was changed from
 Tresure Paks Limited to  Moldtek Plastics Limited with effect from
 20th August, 2007. A fresh Certificate of Incorporation consequent to
 change of name has been obtained from the ROC, Andhra Pradesh,
 Hyderabad. 
  
 Moldtek Plastics Limited (MPL) has been engaged in the business of
 manufacturing, processing and sale of metallic and plastic packaging
 components since 1998. 
  
 Pursuant to Scheme of Arrangement between Teck-men Tools Private
 Limited, the Transferor Company and Mold-Tek Technologies Limited,
 the Transferor Company and the Demerged Company and Moldtek Plastics
 Limited, the Resulting Company, the business of injection and blow
 moulded plastic components and containers including the business of
 Teck-men 
 Tools Private Limited (TTPL) merged under  the Scheme of Arrangement
 of MTL with the relevant assets and liabilities was demerged and
 transferred with effect from 1st  April, 2007 as Appointed Date to
 Moldtek Plastics Limited (MPL).  
  
 
 Industry and Business Overview :
  
 Plastics Packaging Industry :
  
 Overall industry slowdown in the plastics and packaging industry in
 the recent past is significant. During FY08, the plastics packaging
 business grew quite impressively keeping in view  increased consumer
 spend and growth in the lubricants and oils businesses spurred by
 consumer demand. However the good growth of the plastics packaging
 industry is offset recently by slowdown in demand, as this industry
 is directly dependent on the growth of other industrial segments. The
 domestic market is a significant part of our industry. Our company
 caters mostly to the industrial packaging segment and any slowdown in
 the overall industry segments impacts us. 
  
 Exports 
  
 MPL also continued its performance in exports with export sales
 valued at (INR) Rs 1.466 crores during the year 2007-08.
 
 2009
 
 -Mold-Tek Plastics has recommended a final dividend of 20%
 
 2010
 
 -Company has changed its name from Moldtek Plastics Ltd. to Mold-Tek
 Packaging Ltd.        
 
 -Mold-Tek Packaging has received major orders from M/s. Berger Paints
 India Ltd. 
 
 2011
 
 -Mold-Tek Packaging has recommended a final dividend of Rs. 3/- per
 Equity Share (30%) 
 
 2012
 
 -Mold-Tek Packaging has grabbed a huge order from Hindustan Unilever
 Limited (HUL) for supply of 5 million containers in 3 months time
 with IML decoration.
 
 -The Company has received orders from Castrol India Limited   
 
 -Mold-Tek Packaging has inaugurated its new Daman Unit.
 
 2013
 -Mold-Tek Packaging Winner of the highest ranking award SME OF THE
 YEAR & TECH-SAVVY SME Award.
 -Mold-Tek Packaging has opened a new plant at Satara District,
 Maharashtra.
 -Mold-Tek Packaging recommended final dividend of Rs.1.50/- per
 Equity Share (15%).
 
 2014
 -Mold-Tek Packaging  has recommended Final Dividend of Rs. 1.50/- Per
 Equity Share (15%).
 
 2015
 -Mold-Tek Packaging Ltd has   received  Quality Champion Award from
 Asian Paints (I) Ltd.
 
 2016
 -Mold-Tek Packaging wins contract from Asian Paints
 -Mold-Tek Packaging - Received Award of Appreciation and Innovation
 -Mold-Tek Packaging - Inaguaration of Plant at RAK and achievement of
 Award
 
 2017
 -Mold-Tek Packaging Limited has awared ''Acceptance of Award
 
 2020
 -Mold-Tek Packaging Ltd issued rights shares of Rs. 5 in the ratio of
 1:50 at a premium of Rs. 175 per share
 
 2021
 -Mold-Tek Packaging opens 11th manufacturing plant in Unnao, Uttar
 Pradesh