Thursday, October 10, 2024

Captain Pipes Ltd. Fixes 3 rd March as Record Date for split and bonus issue of Shares

Captain Pipes Ltd. (BSE: 538817) has established itself as a trusted brand among customers in India for its commitment to quality, innovation, and customer satisfaction. With over years of experience in the industry, Captain Pipes is a leading manufacturer and supplier of high-quality plastic pipes and fittings.

The company had earlier intimated the stock exchange about the company’s intention for Sub-division of 1 Equity share of face value of Rs. 10/- each fully paid-up to 10 Equity shares of face value of Rs. 1/- each fully paid-up and Issue of 2 Bonus Shares for every 1 Equity Shares held by the Equity Shareholders of the Company. The company has fixed 3 rd March 2023 as the record date for ascertaining eligibility of shareholders for the split and bonus issue of shares.

Captain Pipes Ltd. product portfolio includes a diverse range of PVC pipes and fittings, CPVC pipes and fittings, uPVC pipes and fittings, SWR pipes and fittings, and column pipes. Captain Pipes uses the latest technology and equipment to manufacture its products, ensuring that they meet the highest standards of quality and durability.

The company believes in continuous innovation and improvement, with a team of experienced professionals dedicated to developing new products and improving existing ones. The company invests in research and development, exploring new materials and technologies to stay ahead of the curve.

Captain Pipes is also committed to sustainability and environmental responsibility, using eco-friendly materials and processes in its manufacturing operations. The company has a state-of-the-art manufacturing facility spread across an area of 62,000 sq. ft with a production capacity of 17,700 metric tons per annum. The plant is equipped with the latest German extrusion lines and Japanese injection molding machines to produce high-quality products. The company has its own laboratory and R&D departments, staffed by experienced technical personnel and well-equipped with instruments, to ensure the implementation of the best quality control systems. The company is an ISO 9001:2015 certified company.

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