Description
BSE lists 2,50,000 new equity shares of Captain Polyplast Limited issued on a preferential basis pursuant to conversion of warrants, effective March 2, 2026.
Summary
BSE has notified trading members that 2,50,000 new equity shares of Captain Polyplast Limited (Scrip Code: 536974) are listed and permitted to trade on the Exchange with effect from Monday, March 2, 2026. These shares were issued on a preferential basis to non-promoters pursuant to the conversion of warrants.
Key Points
- 2,50,000 equity shares of Rs. 2/- face value each issued at a premium of Rs. 70/- (issue price Rs. 72/- per share)
- Shares issued to non-promoters on a preferential basis via conversion of warrants
- New shares rank pari-passu with existing equity shares of the company
- ISIN: INE536P01021
- Distribution numbers: 59928791 to 60178790
- All 2,50,000 shares are subject to lock-in until September 15, 2026
Regulatory Changes
No regulatory changes. This is a routine listing notification pursuant to a completed preferential allotment.
Compliance Requirements
- Trading members are informed to update their records to reflect the new securities eligible for trading from March 2, 2026
- The lock-in restriction on all 2,50,000 shares must be observed until September 15, 2026
Important Dates
- Date of Allotment: January 31, 2026
- Trading Commencement: March 2, 2026
- Lock-in Expiry: September 15, 2026
Impact Assessment
The listing adds 2,50,000 equity shares to the tradeable float of Captain Polyplast Limited, though the entire allotment is under lock-in until September 15, 2026, meaning no immediate increase in free-float liquidity. Market impact is minimal given the small size of the issuance and the lock-in period. This is a standard corporate action with no broader market or systemic implications.
Impact Justification
Routine listing of new equity shares from preferential allotment via warrant conversion for a single company; limited broader market impact.