Everything you need to know about Kshitij Polyline Limited Rights Issue 2026

Corporate actions Rights issue
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Kshitij Polyline Limited has announced a rights issue of 9,25,46,925 equity shares aggregating up to ₹293.37 crores. The rights issue opens for subscription on August 27, 2026, and closes on September 4, 2026.

Anyone who holds shares of Kshitij Polyline Limited as of August 19, 2026 (record date) will be eligible to receive Rights Entitlements (REs). These REs will be temporarily traded on the stock exchanges and will then be extinguished. You can either use the REs to apply for the rights shares of the company, or you can sell them in the market.

You can check the announcement from the company here.

You will be eligible to receive Rights Entitlements (REs) if you’ve bought the shares on or before August 18, 2026. The ex-date is August 19, 2026.

Rights issue details

Issue Period August 27, 2026 – September 4, 2026
RE Trading Period August 27, 2026 – September 1, 2026
RE Symbol KSHITIJPOL-RE
Issue Price Rs. 3.17 per share
Ratio 2:5
EX-date August 19, 2026
Record Date August 19, 2026
Tentative Date of Allotment for rights shares September 7, 2026
Tentative Date of Credit of rights shares September 8, 2026
Tentative Date of Listing for rights shares September 9, 2026

How to apply for Kshitij Polyline Limited Rights Issue?

Once you either receive the REs from the company or purchase them from the market, you can apply for the rights shares using the below methods;

You can check the application process here .

You will need to enter your Demat account’s Beneficiary Owner ID which is a 16-digit number while applying for the rights issue.

The full issue price of ₹3.17 per share is payable at the time of application.

What will happen to my purchased holding of RE shares if I do not apply for the rights issue?
Your REs will lapse and you will lose the premium paid to acquire them. The RE will be in the form of temporary demat securities which will lapse if not renounced/exercised once the trading window is closed.

I don’t have the shares but bought REs, am I still eligible to apply for the rights issue?
In case you have bought REs but don’t have shares, you’re still eligible for the rights issue. You may apply for the rights shares either through the RTA’s portal or via net banking ASBA if your bank allows it. If you don’t take any action, and let the REs remain in your Zerodha account, they will lapse after the issue.

You can read more FAQs on Rights Issue and Rights Entitlements here .

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what is rights issue, is it require to apply for them? or it is automatically credit in my account or I have to pay Rs.3.17 for each share
Please explain

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A rights issue is when a company gives its existing shareholders the right to buy additional shares, usually at a price lower than the market price.

It is not automatically credited as shares to your account.

Here’s how it works:

If you hold the company’s shares on the record date (in this case August 19, 2026), you’ll receive Rights Entitlements (REs) in your demat account.

These REs give you the right to apply for a certain number of shares at the issue price, (in this case Rs. 3.17.)

If you want the additional shares, you need to apply for the rights issue and pay the applicable issue price.

If you don’t want to subscribe, you can generally sell the REs during the RE trading period.
If you neither apply nor sell the REs before the deadline, they expire and become worthless.

Check out this FAQs for more details.

4

The current price is 2.97 though!
Why will i buy are 3.17 at a premium?
This doesn’t makes any sense