Kross Limited has informed the Exchange regarding 'Sudhir Rai, Promoter and Chairman and Managing Director of the Kross Limited has purchased 25000 equity shares through open market'.
KROSS · price
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Sudhir Rai, Promoter and Chairman & Managing Director of Kross Limited, purchased 25,000 equity shares through the open market on June 16, 2025. This represents 0.04% of the company's total paid-up share capital. His total holding increased from 2,44,86,733 shares (37.96%) to 2,45,11,733 shares (38.00%). The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations. The company has a total of 6,45,09,422 equity shares of face value Rs 5 each outstanding.
This is a small open-market purchase by the promoter signalling modest personal confidence in the company, but the 0.04% increase is too small to materially affect shareholding control or stock price. The promoter remains comfortably below the 50% majority threshold at 38%.