Kshitij Polyline Limited — Others, 23-07-2025: Amendment to AOA/MOA

Kshitij Polyline's shareholders have approved key resolutions via postal ballot. They gave the green light to increase the company's authorized share capital. Importantly, shareholders also approved a preferential issue of 6.52 Cr equity shares to 18 non-promoter investors. This capital raise, totaling approximately Rs 26.10 Cr, will be achieved through a mix of cash contributions and conversion of existing unsecured loans into equity. This move aims to strengthen the company's financial position and fund future growth.