Captain Polyplast Ltd approves purchase of industrial land near Ahmedabad

The Board of Directors of Captain Polyplast Limited (the 'Company'), at its meeting held on Saturday, September 30, 2023, commenced at 2:00 P.M. and concluded at 3:05 P.M. has approved purchase of industrial land near Ahmedabad. This land will be used for setting up new manufacturing capacity in future as per business requirement. The company has identified suitable land for the same and acquisition of the land will be concluded soon. The company will use funds from internal accruals and bank financing for completing the purchase.

Shares of Captain Polyplast Ltd was last trading in BSE at Rs. 25.79 as compared to the previous close of Rs. 25.98. The total number of shares traded during the day was 41298 in over 223 trades.

The stock hit an intraday high of Rs. 26.99 and intraday low of 25.65. The net turnover during the day was Rs. 1078459.00.

Source : Equity Bulls

Keywords

CaptainPolyplast INE536P01021 IndustrialLand Purchase Ahmedabad