Kross Limited has informed the Exchange regarding 'Mr. Sudhir Rai, Promoter and Chairman and Managing Director of the Company has acquired 50,324 equity shares on 30.05.2025 through open market'.
KROSS · price
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Mr. Sudhir Rai, the Promoter and Chairman & Managing Director of Kross Limited, bought 50,324 equity shares (0.08% of the total paid-up share capital) from the open market on 30 May 2025. The purchase raised his holding in the company from 2,44,36,409 shares (37.88%) to 2,44,86,733 shares (37.96%). The total equity share capital of the company stands at 6,45,09,422 shares of Rs. 5 each. The disclosure was filed under SEBI (SAST) Regulation 29(2) on 31 May 2025.
This is a small open-market purchase by the promoter signalling personal confidence in the company, though the size is minimal (0.08%) and is unlikely to have a meaningful impact on the stock price. Shareholders may note the promoter's continued accumulation, keeping his holding at 37.96% — well below 50%.