NSEGeneral Updates20 Aug 2026 · 20 Aug 2026, 11:19 pm

General Updates

Kshitij Polyline Limited · KSHITIJPOL

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Kshitij Polyline Limited has submitted a corrigendum to its letter of offer dated August 18, 2026, relating to a proposed rights issue of up to 61,697,950 equity shares at ₹3.17 per share, with a rights entitlement of 2 shares for every 5 shares held by eligible equity shareholders as on the record date.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Kshitij Polyline Limited has informed the Exchange about Submission of Corrigendum to Letter of Offer dated August 18, 2026 in relation to the proposed Rights Issue of the Company

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KSHITIJPOL_20082026231823_Covering_Revised_Corrigendum.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: August 20, 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: Submission of Corrigendum to Letter of Offer dated August 18, 2026 in relation to the proposed Rights Issue of the Company. 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 Letter of Offer dated August 18, 2026 (“Original Letter of Offer”) issued by Kshitij Polyline Limited (“Company”) in relation to the proposed Rights Issue of the Company, we hereby submit the Corrigendum to the Letter of Offer approved by the Board of Directors of the Company at its meeting held on August 20, 2026. The Corrigendum incorporates the consequential revisions and corrections arising pursuant to the revision in the proposed Rights Issue, including the number of Rights Equity Shares, aggregate Issue Size, post-Issue paid-up Equity Share Capital, Issue Proceeds, Net Proceeds, revised allocation towards the Objects of the Issue, estimated Issue Expenses and other consequential and incidental disclosures. Pursuant to the aforesaid revision, the Rights Issue shall comprise 61,697,950 Rights Equity Shares at an Issue Price of ₹3.17 per Rights Equity Share, aggregating up to ₹1,955.83 Lakhs, with the Rights Entitlement remaining at 2 (Two) Rights Equity Shares for every 5 (Five) fully paid-up Equity Shares held by the Eligible Equity Shareholders as on the Record Date. Thanking you, Request you to kindly take the aforementioned information on your records For Kshitij Polyline Limited Mahendra Kumar Jain Director DIN: 09765526 Address: Office no. 33, Dimple Arcade, Near Sai Dham Temple, Thakur Complex, Kandivali East, Mumbai – 400101. Mfg. of: PP, PVC, HIPS/PS, ABS, HDPE, Sheets & Films, PVC Profiles & Other Stationery items. A WORLD OF PLASTIC SHEETS & FILM THIS IS A CORRIGENDUM TO LETTER OF OFFER FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN INVITATION OR AN OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. KSHITIJ POLYLINE LIMITED Corporate Identification Number: L25209MH2008PLC180484 Our Company was originally incorporated as “Kshitij Polyline Private Limited” on March 26, 2008 under the provisions of Companies Act, 1956 vide certificate of Incorporation issued by Registrar of Companies, Mumbai. Consequent upon the conversion of our Company into public limited company, the name of our Company was changed to “Kshitij Polyline Limited” vide fresh certificate of incorporation dated on January 19, 2018 issued by Registrar of Companies, Mumbai. The Corporate Identification Number of our Company is L25209MH2008PLC180484. The Registered Office of the Company was shifted from 417/418, Dimple Arcade, Near Sai Dham temple, Thakur Complex, Kandivali (East), Mumbai - 400101 to 33 Dimple Arcade Basement, Near Asha Nagar Kandivali (East) OFF W E Highway, Mumbai, Kandivali East, Maharashtra, India, 400101 on August 1, 2024. For details of changes in our Name and Registered Office of the Company and other details, kindly refer to the section titled “General Information” beginning on page no. 37 of the Letter of Offer. Registered Office: 33 Dimple Arcade Basement, Near Asha Nagar Kandivali (East) OFF W E Highway, Mumbai, Kandivali East, Maharashtra, India, 400101 Website: www.kshitijpolyline.co.in; E-Mail: compliance@kshitijpolyline.co.in; Telephone No: +91-22-45144087/46076837 Company Secretary and Compliance Officer: Ms. Nikita Dhaval Mehta CORRIGENDUM TO THE LETTER OF OFFER DATED AUGUST 18, 2026 (THE “LETTER OF OFFER” / “LOF”) AND NOTICE TO INVESTORS (THE “CORRIGENDUM”) OUR PROMOTERS MR. BHARAT HEMRAJ GALA, MR. HEMRAJ BHIMSHI GALA AND MRS. RITA BHARAT GALA FOR PRIVATE CIRCULATION TO THE ELIGIBLE EQUITY SHAREHOLDERS OF KSHITIJ POLYLINE LIMITED (OUR “COMPANY” OR THE “ISSUER”) ONLY RIGHT ISSUE OF UPTO 61697950 FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF ₹ 2.00 EACH (“EQUITY SHARES” OR “RIGHTS EQUITY SHARES) OF KSHITIJ POLYLINE LIMITED (“KPL” OR THE “COMPANY” OR THE “ISSUER” OR “OUR COMPANY”) FOR CASH AT A PRICE OF ₹ 3.17 PER RIGHTS EQUITY SHARE INCLUDING A SHARE PREMIUM OF ₹ 1.17 PER RIGHTS EQUITY SHARE (THE “ISSUE PRICE”) AGGREGATING UP TO ₹ 1,955.83 LAKHS* (“THE ISSUE ”) ON A RIGHTS BASIS TO THE ELIGIBLE EQUITY SHAREHOLDERS OF OUR COMPANY IN THE RATIO OF 2 (TWO) RIGHTS EQUITY SHARES FOR EVERY 5 (FIVE) FULLY PAID-UP EQUITY SHARES HELD BY THE ELIGIBLE EQUITY SHAREHOLDERS ON THE RECORD DATE, THAT IS ON WEDNESDAY, AUGUST 19, 2026 (THE "ISSUE"). FOR FURTHER DETAILS, SEE “TERMS OF THE ISSUE” BEGINNING ON PAGE 65 OF THE LETTER OF OFFER. *Assuming full subscription in the Issue. Subject to finalisation of Basis of Allotment. This is with reference to the Letter of Offer (“LOF”) filed by the Company with the National Stock Exchange of India Limited (the “Stock Exchange”) and the Securities and Exchange Board of India (“SEBI”) (for information purpose only). Applicants / Investors may note the following modifications to the disclosures in the Letter of Offer and the same may be taken as updated and included in the Letter of Offer. This Corrigendum is being issued to inform the Eligible Equity Shareholders and other concerned persons about certain revisions in the proposed Rights Issue, including the number of Rights Equity Shares, total Issue Size, post-Issue paid-up share capital and Objects of the Issue. The aforesaid revisions are being made pursuant to the identification of inadvertent typographical errors in the Rights Issue ratio stated in the intimation(s) submitted to the Stock Exchange and other related documents, which necessitated corresponding revisions in the aforesaid particulars to accurately reflect the intended and approved Rights Issue structure. Except for the changes specifically set out in this Corrigendum, all other terms, conditions and disclosures contained in the Letter of Offer shall remain unchanged. The following disclosure in Letter of Offer dated August 18, 2026 will be modified as above and would be read as follows in all of the pages stated below: 1. On the cover page of the Letter of Offer, under the heading “THE ISSUE”, the Total Number of Right Equity Shares offered shall be read as “61697950” instead of “92546925”, and the aggregate amount of Issue Size shall be read as “₹ 1,955.83 Lakhs” instead of “₹ 2,933.74 Lakhs”. 2. On the cover page of the Letter of Offer, under the heading “ISSUE SCHEDULE”, the “LAST DATE FOR CREDIT OF RIGHTS ENTITLEMENTS” shall be read as “MONDAY, AUGUST 24, 2026” instead of “THURSDAY, AUGUST 20, 2026”. 3. In SECTION I – GENERAL - DEFINITIONS AND ABBREVIATIONS, under the “ISSUE RELATED TERMS”, in the definition of “Issue / Rights Issue” on page No. 6 of the Letter of Offer, the Total Number of Right Equity Shares offered shall be read as “61697950” instead of “92546925”, and the aggregate amount of Issue Size shall be read as “₹ 1,955.83 Lakhs” instead of “₹ 2,933.74 Lakhs”. 4. In SECTION I – GENERAL - DEFINITIONS AND ABBREVIATIONS, under the “ISSUE RELATED TERMS”, in the definition of “Issue Size” on page No. 6 of the Letter of Offer, the Total Number of Right Equity Shares offered shall be read as “61697950” instead of “92546925”, and the aggregate amount of Issue Size shall be read as “₹ 1,955.83 Lakhs” instead of “₹ 2,933.74 Lakhs”. 5. In SECTION IV – INTRODUCTION & PARTICULARS OF THE ISSUE - THE ISSUE, on page No. 35 of the Letter of Of [Showing first 8,000 characters — download PDF for full document]