Kross Limited has informed the Exchange regarding 'Mr. Sudhir Rai, Promoter and Chairman and Managing Director of the Company has acquired 50,000 equity shares on 28.05.2025 through open market'.
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Mr. Sudhir Rai, Promoter and Chairman and Managing Director of Kross Limited, purchased 50,000 equity shares on 28.05.2025 through the open market. This is a promoter-led share acquisition, signaling insider confidence in the company. The exact percentage increase in promoter holding is not specified in the filing. No other corporate action details were disclosed alongside this transaction.
Promoter buying in the open market is generally viewed positively by retail investors as it signals insider confidence in the company's prospects. Such acquisitions can support share price sentiment, though the modest size of this transaction (50,000 shares) limits its broader market impact.