Captain Polyplast Limited's existing 6,01,78,790 equity shares were listed on the National Stock Exchange of India (NSE) effective July 23, 2026, allowing trading under the symbol 'CPL'. The listing of these shares on the NSE Main Board expands the market access for the company's securities, which were previously available on the BSE. The equity shares, with a face value of ₹2 each, will be traded in the Normal Market segment under compulsory demat mode for all investors.

The exchange notified the listing via circular reference number 1183/2026, issued on July 21, 2026, in accordance with Regulation 3.1.1 of the NSE (Capital Market) Trading Regulations. The total number of securities admitted to dealings is 60,178,790, identified by the ISIN INE536P01021. The market lot size for trading these shares has been set at 1.

Shareholding Lock-in Details

A portion of the listed equity shares is subject to lock-in periods, restricting their sale for specific durations. The lock-in details, as per the circular, are outlined below:

Corporate and Registrar Information

Captain Polyplast Limited's registered office is located at Upper Level - 25, Royal Complex, Dhebar Road, Bhutkhana Chowk, Rajkot - 360002, Gujarat. The corporate office and works are situated at Survey No. 267, Plot No. 10A, 10B & 11, N.H. No. 27, Shapar (Veraval), Dist. Rajkot - 360024, Gujarat. Ms. Khyati Mehta serves as the Company Secretary.

Bigshare Services Private Limited has been appointed as the Registrar and Share Transfer Agent for the company. Investors can contact the registrar at its office located on the 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai – 400059, Maharashtra.

Captain Polyplast Limited has secured a significant order worth ₹23.6 Cr from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of 1,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems. The order, awarded under the PM KUSUM B Scheme, encompasses design, manufacture, supply, transport, installation, testing, and commissioning of systems with capacities of 3HP, 5HP, and 7.5HP at identified farmer sites in Maharashtra. This contract strengthens the company's order book and enhances revenue visibility in the solar EPC segment.

Order Details and Scope

The agreement mandates the completion of installation within 60 days from the date of issuance of the Notice to Proceed (NTP), Work Order, or JSR approval. The scope includes a complete system warranty, repair and maintenance, and a Remote Monitoring System (RMS) for five years. The project falls under the "Magel Tyala Saur Krushi Pump" Yojana, a component of the central government's initiative for renewable energy in agriculture.

Financial and Operational Impact

The total commercial consideration for the order is approximately ₹23.6 Cr, inclusive of Goods and Services Tax (GST). The company confirmed that the order is from a domestic entity and that there are no related party transactions or interests held by the promoter group in the awarding entity. This win reinforces Captain Polyplast's execution capabilities in the government-led solar infrastructure domain.

Strategic Significance

Ritesh Khichadia, Whole Time Director of Captain Polyplast Limited, highlighted that the order reaffirms the company's strong execution capabilities and the confidence placed in it by government utilities. He emphasized that the adoption of renewable energy-based irrigation is gaining momentum, and the company remains focused on timely execution and operational excellence. This order is expected to support steady growth in the solar pump segment and diversify the company's revenue mix.