NSEGeneral Updates21h ago · 21 Sept 2026, 06:59 pm
General Updates
Kshitij Polyline Limited · KSHITIJPOL
✦ AI SummaryFundraise
Kshitij Polyline Limited has utilised ₹18.48 crores from the recent right issue of equity shares to repay and/or prepay certain borrowings.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Kshitij Polyline Limited has informed the Exchange about Intimation of utilisation of funds raised through Right Issue of Equity shares
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KSHITIJPOL_21092026185847_Intimation_-_21-09-2026_.pdf
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Regd. Office: Office No. 33, Dimple Arcade, Near Sai Dham Temple, Thakur Complex, Kandivali East, Mumbai – 400101
Mfg. Unit: Survey No. 110/1/13-14 & 11-12, Amli Village, 66. K.V.A. Road, Opp. Lane to Silvassa Municipal Council,
Silvassa (U.T) of Dadra and Nagar Haveli and Daman and Diu – 396230
Email: info@kshitijpolyline.co.in | Website: www.kshitijpolyline.co.in | Tel: +91-22-45144087/46076837
CIN: L25209MH2008PLC180484
Date: September 21, 2026
The General Manager
Capital Market (Listing)
National Stock Exchange of India Ltd
Address: Exchange Plaza, Bandra-Kurla Complex,
Bandra (East), Mumbai-400051.
Symbol: KSHITIJPOL
Subject: Intimation of utilisation of funds raised through Right Issue of Equity shares
Reference: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements), Regulations, 2015.
Dear Sir / Madam,
With reference to the raising of funds through the allotment of 5,98,86,887 fully paid-up Equity Shares, having a
face value of ₹2.00 each, at an issue price of ₹3.17 per Rights Equity Share, including a share premium of ₹1.17
per Rights Equity Share, to the eligible Equity Applicants/Shareholders under the Rights Issue, aggregating to
₹18,98,41,431.79 (Rupees Eighteen Crore Ninety-Eight Lakh Forty-One Thousand Four Hundred and Thirty-One
and Seventy-Nine Paise only), the company has utilised an amount of ₹18,48,41,000/- towards the repayment
and/or prepayment of certain borrowings availed by the Company, in accordance with the objects of the Rights
Issue as specified in the Letter of Offer (LOF) dated August 20, 2026.
We request you to kindly take the same on record.
For Kshitij Polyline Limited
Mahendra Kumar Jain
Chairman & Executive Director & CFO
DIN: 09765526
Mfg. of: PP, PVC, HIPS/PS, ABS, HDPE, Sheets & Films, PVC Profiles & Other Stationery items.
A WORLD OF PLASTIC SHEETS & FILM