KROSSBSEKross LtdMediumNeutral
Announced Tue, 12 May · 19:42 IST

Intimation of Appointment of Cost Auditor for FY 2026 - 27

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AI summary

Kross Ltd has announced the appointment of M/s. Sohan Lal Jalan and Associate as Cost Auditor for FY 2026-27. The firm, based in Kolkata, is led by CMA Mr. Sohan Lal Jalan and Mr. Suyas Jalan with over 40 years of combined experience in finance, costing, budgeting, and statutory compliance. The appointment is made under Section 148 of the Companies Act, 2013. The auditor will receive Rs. 70,000 plus applicable taxes and out-of-pocket expenses, subject to shareholder ratification.

Likely market impact

This is a routine compliance filing. The appointment of a cost auditor is a standard annual requirement for companies meeting cost audit thresholds. No material impact expected on stock price.