ALPHA TRIBE

Captain Polyplast LtdUpdates, 24-07-2025: Company Update

24-07-2025 | 01:32 pm

Captain Polyplast's board has approved the allotment of 250,000 new equity shares following the conversion of an equal number of warrants. These shares were issued to a non-promoter investor upon receipt of the final 75% subscription amount, which totaled Rs 1.35 Cr. This conversion has increased the company's total paid-up equity share capital from 59,678,790 shares to 59,928,790 shares. This transaction transforms warrants into active equity, strengthening the company's capital structure and shareholder base.

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