KSHITIJPOLNSEKshitij Polyline LimitedMinimalNeutral
Announced Tue, 7 Jul · 18:31 IST

No deviation in use of preference issue funds: Kshitij Polyline

KSHITIJPOL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-9.4%1-day move
₹3.71
prior close
₹3.53
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.4-13.7-18.1-20.5-25.9-32.9
Up moveDown movePending
AI summary

Kshitij Polyline confirmed no deviation in the use of about 26.10 crore raised via preferential allotment (allotted Aug-Sep 2025, listed Nov 2025) for the quarter ended December 31, 2025. Utilized so far: 11.54 crore for converting unsecured loans to equity, 1.15 crore for loan repayment, and 3.64 crore for general corporate purposes. About 9.77 crore earmarked for working capital is still unutilized but no plan change.

Likely market impact

Compliance filing confirms funds used as planned. Transparency positive; unutilized working capital portion may be deployed in coming quarters.