Cool Caps Industries to raise Rs 279.97 cr via rights issue

Mumbai, Sep 25 (PTI) Plastic caps maker Cool Caps Industries looks to raise Rs 279.97 crore through a rights issue to drive growth and mainboard migration, a statement said on Thursday.

The Kolkata-based Cool Caps Industries has fixed the price at Rs 70 per share for the rights issue which will open for subscription on September 30 and close on October 24, 2025.

Shareholders holding equity shares as on the Record Date will be eligible to apply for the rights shares in the ratio of 1 Rights Equity Share for every 1 fully paid-up Equity Shares held, it said.

“Funds will boost growth, strengthen finances, and enable NSE main board migration,” the company said in a statement. Cool Caps Industries Limited (CCIL), Eastern India’s leading beverage packaging manufacturer, produces plastic caps, closures, PET preforms, bottles, handles, shrink films, and food-grade PET flakes. PTI HG MR