Kshitij Polyline Limited — Others, 31-05-2025: Change in Company Secretary/Compliance Officer

Kshitij Polyline Limited has announced a board meeting outcome approving the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, with clean auditor opinions. The company reported a standalone net loss of Rs. 919.47 lakh and a consolidated net loss of Rs. 869.35 lakh, showing ongoing profitability pressures. Leadership changes include Ms. Nikita Dhaval Mehta resigning as Company Secretary & Compliance Officer, succeeded by Mrs. Sarita Khamwani. New appointments include Ronak Jhuthawat & Co. as Secretarial Auditor and Valawat & Associates as Internal Auditor for FY 2025-26. Rising borrowings and lower cash balances point to liquidity stress amid rising costs.