Mold-Tek Technologies Board Meeting on February 28, 2026 to Consider Equity Shares Issuance and EGM

Mold-Tek Technologies has informed stock exchanges about an upcoming board meeting scheduled for February 28, 2026, to consider important corporate decisions related to equity capital and shareholder approvals. The company issued the intimation on February 25, 2026, in compliance with Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Key Agenda Items The board meeting will address two primary matters of significant corporate importance: Agenda Item: Details Equity Shares/Share Warrants Issuance: Proposal for issuance through preferential issue/private placement basis or other permissible modes Issue Price Determination: Board to determine pricing in accordance with SEBI and Companies Act provisions Regulatory Compliance: Subject to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Companies Act, 2013 Extraordinary General Meeting: Consideration to convene EGM for obtaining requisite shareholder approvals Regulatory Framework The proposed equity issuance will be conducted in strict accordance with established regulatory guidelines. The company has specifically referenced compliance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the Companies Act, 2013, as amended. The board will ensure all necessary regulatory and statutory approvals are obtained before proceeding with the issuance. Shareholder Approval Process Mold-Tek Technologies board will also consider convening an Extraordinary General Meeting of shareholders to obtain the requisite approvals for the proposed equity issuance. This step demonstrates the company's commitment to maintaining transparency and ensuring proper shareholder consent for significant corporate decisions that could impact equity structure and ownership patterns. Corporate Governance The intimation was signed by J. Lakshmana Rao, Chairman & Managing Director (DIN: 00649702), and communicated to both BSE Limited and National Stock Exchange of India Limited. The company trades on BSE with scrip code 526263 and on NSE with the symbol MOLDTECH-EQ, ensuring comprehensive market disclosure across both major Indian stock exchanges. Mold-tek technologies Limited delivered exceptional financial performance in Q3 FY26, with consolidated revenue surging 56.75% year-on-year to ₹5,266.70 lakhs compared to ₹3,359.89 lakhs in the corresponding quarter of the previous fiscal. The engineering services company, which specializes in civil and mechanical domains, announced these results following its board meeting held on February 12, 2026. The company's profitability showed remarkable improvement with consolidated profit after tax jumping 617.54% to ₹388.85 lakhs from ₹54.19 lakhs in Q3 FY25. EBITDA increased substantially by 171.97% to ₹667.31 lakhs compared to ₹245.37 lakhs in the same quarter last year. Quarterly Financial Performance The strong performance was attributed to improved execution across US projects, rising order inflows, operational efficiencies, and initial contributions from the newly acquired Beryl Project Engineering LLC, whose revenues started consolidating from November 1, 2025. Performance Metric: Q3 FY26 Q3 FY25 YoY Growth Consolidated Revenue ₹5,266.70 lakhs ₹3,359.89 lakhs +56.75% Consolidated PAT ₹388.85 lakhs ₹54.19 lakhs +617.54% Consolidated EBITDA ₹667.31 lakhs ₹245.37 lakhs +171.97% On a sequential basis, consolidated revenue increased 30.91% from ₹4,023.10 lakhs in Q2 FY26, while PAT grew 20.20% from ₹323.52 lakhs in the previous quarter. Standalone Results Show Strong Growth The standalone financial results also demonstrated robust performance with revenue growing 22.64% year-on-year to ₹3,626.52 lakhs from ₹2,957.11 lakhs in Q3 FY25. Standalone profit after tax surged 670.14% to ₹361.89 lakhs compared to ₹46.99 lakhs in the corresponding quarter last year. Standalone Metrics: Q3 FY26 Q3 FY25 YoY Growth Revenue ₹3,626.52 lakhs ₹2,957.11 lakhs +22.64% PAT ₹361.89 lakhs ₹46.99 lakhs +670.14% EBITDA ₹639.16 lakhs ₹243.24 lakhs +162.77% Beryl Acquisition Contributes to Growth The company acquired Beryl Project Engineering LLC through its subsidiary Beryl Engineering Inc., effective November 1, 2025, with two months of financials consolidated in Q3 FY26. Beryl LLC contributed USD 1.39 million in revenue and USD 137,000 in PAT for the two months ending December 31, 2025. However, the subsidiary Beryl Inc. incurred one-time acquisition costs of USD 91,000 during the quarter. Beryl Contribution: Details Revenue (2 months) USD 1.39 million PAT (2 months) USD 137,000 One-time costs USD 91,000 Beryl brings 14 years of experience in providing residential engineering services in Florida, with a team of around 40 US employees. Following the acquisition, Mold-Tek started recruiting design engineers and drafters suitable for Beryl's operations to expand revenues and improve margins. Management Commentary and Growth Strategy During the earnings conference call held on February 12, 2026, Chairman and Managing Director J. Lakshmana Rao outlined the company's strategic vision for growth. He highlighted that the company is targeting ₹230-240 crores revenue next year, comprising ₹180 crores from standalone operations and approximately ₹60 crores from Beryl's USD 6-7 million contribution. Growth Targets: Details Standalone Revenue Target ₹180 crores Beryl Revenue Target USD 6-7 million (₹60 crores) Combined Revenue Target ₹230-240 crores Expected Growth Rate 25-35% annually The management emphasized plans to leverage cost arbitrage by transferring Beryl's back-office work to India, potentially improving EBITDA margins from Beryl's current 8-10% to 30-35%. The company is also downsizing its automotive team from 160 to 60 employees due to industry headwinds, while retraining staff for poles and towers division where demand is growing. Operational Improvements and Future Outlook The Civil and Structural Division is entering a strong recovery phase, with orders on hand increasing from USD 2.71 million to USD 4.50 million. Key growth drivers include design-led capabilities, rising demand for Pre-Engineered Metal Buildings (PEMB), and resumption of deferred projects across industrial, commercial, and infrastructure segments. For the Mechanical Engineering Services division, the company recently signed a Master Service Agreement with a leading Plant Engineering Services company to provide on-site engineers for three years, with revenues expected to improve performance from Q1 FY27. Operational Highlights: Details Orders on Hand Growth USD 2.71M to USD 4.50M Team Optimization Automotive: 160→60 employees Poles & Towers Team Expanded to 60 members Design Team Growth 7-8 to 20 designers Regulatory Compliance and Publication The unaudited financial results were approved by the board of directors at their meeting held on February 12, 2026, and have been filed with BSE Limited and National Stock Exchange of India Limited under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the statutory auditors Praturi & Sriram, Chartered Accountants, who issued limited review reports for both standalone and consolidated financial statements. Regulatory Details: Information Board Meeting Date February 12, 2026 Publication Date February 13, 2026 Newspapers Financial Express (English), Nava Telangana (Telugu) Company Secretary Prateek Kumar Tiwari Pursuant to Regulation 30 and Regulation 47 of SEBI regulations, the company published its unaudited financial results in Financial Express (English) and Nava Telangana (Telugu) newspapers on February 13, 2026. The earnings conference call transcript was also filed with stock exchanges on February 17, 2026, providing detailed insights into the company's strategic direction and growth plans. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. 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