No deviation in use of preferential issue funds for the quarter ended March 2026
KSHITIJPOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kshitij Polyline has confirmed to NSE that there is no deviation in the use of proceeds from its preferential allotment raised between August 27 and September 1, 2025. Total amount raised was about Rs 26.10 crore, listed on November 14, 2025. Funds were fully used as originally planned: Rs 11.54 crore for converting unsecured loans into equity, Rs 1.15 crore for loan repayment, Rs 9.77 crore for working capital, and Rs 3.64 crore for general corporate purposes. This is a routine SEBI Regulation 32 compliance filing for the quarter ended March 31, 2026.
Routine quarterly compliance filing. Proceeds fully used as originally disclosed, indicating no fund misuse. Mildly positive for governance and investor confidence.