Kshitij Polyline Limited — Capital/Financing Update 2021

Feb 11, 2021

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To, Date: 11.02.2021 The Manager, Listing Compliance Department The National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor, Plot C/1, G Block, Bandra Kurla Complex, Mumbai-400051

CM Quote: (NSE: KSHITIJPOL)

Sub:-Outcome of Board Meeting held on Thursday, 11th February, 2021 pursuant to the Regulation 29 & 30 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation 2015(“Listing Regulation”).

Dear Sir/Madam,

The Board of Directors of the Company in their meeting held on Thursday on 11th February, 2021 at registered office of the company at 8, Sona Udyog, Parsi Panchayat Road, Andheri East, Mumbai400069, which commenced at 04:00 pm and concluded at 07:00 pm inter alia, approved the following in accordance with the applicable provision of the Companies Act, 2013 and SEBI (LODR) Regulations, Subject to the approval of Members either by way of postal ballot or at General Meeting:

1. Increase in Authorised Share Capital From Rs. 8,70,00,000/- to Rs 10,50,00,000/-.

2. Board of Directors had discussed the proposal of raising Share Capital by further issue of equity share by way of Preferential Issue/Right Issue or a combination thereof and seeking shareholder’s approval for the same at the ensuing Extra Ordinary General Meeting of the Company but no final decision has been taken and the same will be confirm in the ensuing Board Meeting.

Kindly take the above on record and inform all those concerned accordingly.

Yours Sincerely, For Kshitij Polyline Limited Director DIN No: 01994342

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