Description
BSE notifies listing of 2,50,000 new equity shares of Captain Polyplast Limited issued on preferential basis via warrant conversion, effective March 2, 2026, with a lock-in until September 15, 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 at an issue price of Rs. 72/- per share (face value Rs. 2/- + premium of Rs. 70/-).
Key Points
- Company: Captain Polyplast Limited (Scrip Code: 536974, ISIN: INE536P01021)
- New Shares: 2,50,000 equity shares of Rs. 2/- each, issued at a premium of Rs. 70/- (total issue price Rs. 72/-)
- Allotment Type: Preferential basis to non-promoters, pursuant to conversion of warrants
- Pari-passu: New shares rank pari-passu with existing equity shares
- Distinctive Numbers: 59928791 to 60178790
- Date of Allotment: January 31, 2026
- Trading Effective: Monday, March 2, 2026
- Lock-in: All 2,50,000 shares (Dist. Nos. 59928791 to 60178790) are locked in until September 15, 2026
Regulatory Changes
No new regulatory changes. This is a routine listing notice under existing BSE listing and trading regulations for newly allotted securities.
Compliance Requirements
- Trading members must note that these new securities are available for trading from March 2, 2026.
- The lock-in restriction on all 2,50,000 shares must be observed until September 15, 2026; these shares cannot be traded or transferred until the lock-in expires.
Important Dates
| Event | Date |
|---|---|
| Date of Allotment | January 31, 2026 |
| Circular Date | February 27, 2026 |
| Trading Commencement | March 2, 2026 (Monday) |
| Lock-in Expiry | September 15, 2026 |
Impact Assessment
The listing of 2,50,000 additional shares represents a modest increase in the tradeable float of Captain Polyplast Limited. However, since all newly listed shares are under lock-in until September 15, 2026, there is no immediate increase in freely tradeable supply. Market impact is expected to be minimal. Existing shareholders should be aware of the dilution from this preferential allotment via warrant conversion.
Impact Justification
Routine listing notice for a small preferential allotment (2,50,000 shares) of a mid/small-cap company. Limited broader market impact; primarily relevant to existing shareholders and traders of Captain Polyplast Limited.