KROSSNSEKross LimitedMediumNeutral
Announced Tue, 12 May · 20:24 IST

Kross Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

KROSS · price

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Price reaction · full curve 14 horizons · vs prior close
-5.4%1-day move
₹203.50
prior close
₹215.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.9+5.3+6.6+4.5-5.4-7.5-9.6-5.9-6.1-6.8-6.3-9.5-8.6
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AI summary

Kross Limited's Board of Directors, at its meeting held on May 12, 2026, approved the re-appointment of GWC Professional Services Private Limited as Internal Auditors for Financial Year 2026-27. GWC Professional Services is a qualified professional firm based in Kolkata, West Bengal, specializing in Internal Control Framework and Integration of Risk Management Framework with Internal Audit. The appointment has been made pursuant to Section 138 of the Companies Act, 2013 read with Rule 13 of the Companies (Accounts) Rules, 2014. The scope includes review of operational efficiency, internal controls, risk management systems, and compliance framework.

Likely market impact

This is a routine annual re-appointment of internal auditors and does not signal any governance concern or change in financial oversight. No material impact on shareholders or stock price expected.