KROSSNSEKross LimitedMediumPositive
Announced Sat, 31 May · 12:45 IST

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'.

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

KROSS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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%.