KROSSBSEKross LtdLowNeutral
Announced Tue, 12 May · 19:44 IST

Initimation of Appointment of Internal Auditor for FY 2026 - 27

KROSS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.4%1-day move
₹203.50
prior close
₹215.00
base price
After-mkt
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AI summary

Kross Ltd's Board of Directors has reappointed GWC Professional Services Private Limited as Internal Auditors for Financial Year 2026-27. The appointment was approved at the Board meeting held on May 12, 2026. The firm, based in Kolkata, West Bengal, specializes in internal control frameworks and risk management integration with internal audit. The appointment is made pursuant to Section 138 of the Companies Act, 2013 read with Rule 13 of the Companies (Accounts) Rules, 2014. The scope covers review of operational efficiency, internal controls, risk management systems, and compliance framework.

Likely market impact

Routine compliance filing with no material impact on stock price. The reappointment of the same auditor suggests continuity in internal audit processes and no concerns with the previous audit quality.