KROSSNSEKross LimitedMediumNeutral
Announced Tue, 12 May · 20:26 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
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+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 has appointed 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, taxation, and statutory compliance. The appointment is made pursuant to Section 148 of the Companies Act, 2013. The Cost Auditor will be paid Rs. 70,000 plus applicable taxes and out-of-pocket expenses, subject to shareholder ratification.

Likely market impact

This is a routine governance update confirming appointment of cost auditors for regulatory compliance. No immediate impact on shareholders expected as this is a standard annual appointment.