<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
KROSS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kross Limited has filed its annual initial disclosure under SEBI's Large Corporate Framework with both BSE and NSE, dated 14th April 2025. The company has confirmed that as on 31st March 2025, it does NOT fall under the 'Large Corporate' category as per SEBI's applicability criteria, and therefore is not required to make mandatory disclosures for FY 2025-26. Its total outstanding borrowing stood at just INR 29.72 crore as of 31st March 2025, well below the threshold for large corporate classification. The company carries a credit rating of 'IND A' with a Stable outlook from India Ratings (a Fitch group company).
This is a routine compliance filing and carries no material impact on shareholders or the stock price. It simply confirms that Kross Limited is a relatively small borrower (under ₹30 crore in debt), so it does not face the additional SEBI requirement to raise a portion of its borrowing through debt markets.