Kross Ltd (KROSS) — Board Meeting | 31 August 2026(2 announcements)

· BSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
1 Board Meeting 🟡 Notable Neutral 📄 PDF
🔄 What Changed
Approved issuance of up to 15 lakh equity shares and 15 lakh convertible warrants at ₹212 per unit.
🔮 What's Next
Subject to receipt of necessary approvals.

Kross Ltd announced a board-approved preferential issue of up to 1.5 million equity shares at ₹212 per share, raising [amount not verified], and up to 1.5 million convertible warrants at the same price, raising another [amount not verified], both subject to approvals.

2 Board Meeting 🟡 Notable Neutral 📄 PDF
📢 Key Event
Board approved preferential issue of 1.5M equity shares and 1.5M convertible warrants at ₹212 per unit.
🔮 What's Next
Warrants convertible within 18 months; upfront 25% payment required; balance payable on conversion; forfeiture if not exercised.

Kross Ltd announced the outcome of its August 31, 2026 board meeting, approving a preferential issue of up to 1.5 million equity shares at ₹212 per share (including ₹207 premium) for [amount not verified] total, and up to 1.5 million convertible warrants at the same price for [amount not verified]. The filing details investor categories, allotment limits, and remote e-voting schedules for shareholder approvals.

About Kross Ltd (KROSS)

Automobile and Auto Components · Auto Ancillaries · Listed on BSE

Market Cap: ₹1,541.78 Cr P/E: 26.7 ROE: 13.3% ROCE: 18.6%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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