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

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Full Announcement

Kshitij Polyline Limited has informed the Exchange regarding 'Kshitij Polyline Limited has provided an update.'

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KSHITIJPOL_07072026183128_BSE_Update_Dec-2025___1_.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 : 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