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