Captain Polyplast Ltd — Updates, 03-05-2025: Company Update

Captain Polyplast Limited has announced a board meeting approving the allotment of 21.3 lakh equity shares following the conversion of warrants on a preferential basis to both promoter and non-promoter groups. The company received Rs. 11.50 Cr as the warrant exercise consideration, raising its paid-up equity capital from approximately Rs. 11.51 Cr to Rs. 11.94 Cr. Key allottees include Captain Technocast Ltd, Captain Pipes Ltd, and Captain Plastics Pvt Ltd. This equity infusion strengthens the company's capital base and supports ongoing business growth.