We wish to inform you that, 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 inter alia taken the following decisions: The board 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.