No deviation in use of preferential issue funds for quarter ended Sept 2025
KSHITIJPOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kshitij Polyline filed Reg 32 statement confirming no deviation in use of about Rs 26.10 crores raised via preferential allotment for the quarter ended September 2025. Allotment done between Aug 27 and Sept 1, 2025, with listing on Nov 14, 2025. Funds for converting unsecured loans to equity (Rs 11.54 cr) and loan repayment (Rs 1.15 cr) are fully utilized. Working capital portion of Rs 9.76 cr is yet to be deployed, and only Rs 1.44 cr of the Rs 3.64 cr for general corporate purposes has been used so far.
Routine compliance filing. No misuse of funds, but over Rs 13 cr of working capital and general purpose funds remain undeployed, leaving flexibility for the company.