Announced Thu, 5 Nov, 2026 · 20:07 IST
No deviation in use of Rs 18.98 crore right issue proceeds
KSHITIJPOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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AI summary
For the quarter ended September 30, 2026, Kshitij Polyline reported no deviation in using right issue proceeds. Of Rs 18.98 crore raised on May 8, 2026, the company used Rs 15.06 crore to repay borrowings, Rs 3.43 crore for general corporate purposes and Rs 50 lakh for issue expenses. The audit committee found no deviation, and auditors raised no comments.
Likely market impact
Neutral for shareholders: proceeds were used as planned, so there is no sign of fund diversion. The routine disclosure is unlikely to materially affect the stock price.