NSEUpdates7 Jul 2026 · 7 Jul 2026, 06:31 pm
Updates
Kshitij Polyline Limited · KSHITIJPOL
✦ AI SummaryFundraise
Kshitij Polyline Limited has informed the Exchange regarding the utilization of proceeds of the Preference Issue of the Company during the quarter ended on December 31, 2025, confirming that there is no deviation or variation in the utilization of funds.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Kshitij Polyline Limited has informed the Exchange regarding 'Kshitij Polyline Limited has provided an update.'
Attachments (1)
📄pdf
Download →
KSHITIJPOL_07072026183128_BSE_Update_Dec-2025___1_.pdf
View document text
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 : July 7, 2026
National Stock Exchange of India Limited
Address :Exchange plaza,
Bandra-Kurla Complex, Bandra (E)
Mumbai – 400051
Sub: DISCLOSURE IN TERMS OF REGULATION 32(1) OF SEBI (LISTING OBLIGATIONS
AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
Ref. : Scrip Code : KSHITIJPOL
Dear Sir/Madam,
Pursuant to Regulation 32 of the SEBI (Listing Obligations & Disclosure Requirements)
Regulations, 2015, read with the applicable SEBI Circular, we hereby confirm that there is no
deviation or variation in the utilization of proceeds of the Preference Issue of the Company
during the quarter ended on December 31, 2025. Please find enclosed herewith a statement
in this regard.
Kindly take the same on your records.
FOR KSHITIJ POLYLINE LIMITED
Mahendra Kumar Jain
Chairman & CFO
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
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
Statement of Deviation/ Variation in utilization of funds raised
Name of Listed Entity KSHITIJ POLYLINE LIMITED
Mode of Fund Raising Preferential Allotment on Private
Placement basis
Date of Fund Raising Allotment dates : August 27, 2025
August 29, 2025
August 30, 2025
September 01, 2025
Listing Date : November 14, 2025
Amount Raised 26,09,77,592
Report filed for Quarter ended December 31, 2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if Applicable Not Applicable
Is there a deviation / variation in use of No
funds raised
If yes, whether the same is pursuant to Not Applicable
changes in terms of a contract or objects,
which was approved by the shareholders
If Yes, Date of Shareholders Approval Not Applicable
Explanation for the Deviation/Variation Not Applicable
Comments of the Audit Committee after Not Applicable
review
Comments of the auditors, if any Not Applicable
Mfg. of: PP, PVC, HIPS/PS, ABS, HDPE, Sheets & Films, PVC Profiles & Other Stationery items.
A WORLD OF PLASTIC SHEETS & FILM
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
OBJECTS FOR WHICH FUNDS HAVE BEEN RAISED AND WHERE THERE HAS BEEN A
DEVIATION, IN THE FOLLOWING TABLE
Original Modified Original Modified Funds Amount of Remarks
Objects Objects, Allocation Allocation utilized Deviation if any
if any , If any /Variation
for the
Quarter
according
applicable
object
Conversion NA 11,54,36,824 NA 11,54,36,824 - -
Unsecured
Loans into
equity
Repayment NA 1,15,00,000 NA 1,15,00,000 - -
unsecured
loans
Towards NA 9,76,55,576 NA - - -
Working
Capital
General NA 3,63,85,192 NA 3,63,85,192 - -
Corporate
Purpose
Deviation or variation could mean:
Deviation in the objects or purposes for which the funds have been raised or,
Deviation in the amount of funds actually utilized as against what was originally disclosed or,
Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter
of offer, etc.
Mfg. of: PP, PVC, HIPS/PS, ABS, HDPE, Sheets & Films, PVC Profiles & Other Stationery items.
A WORLD OF PLASTIC SHEETS & FILM