Kross Limited shareholders approve preferential equity and warrants issue

Fund Raising View source PDF Explain this filing

KROSS · price

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

Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹262.66

prior close

₹263.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-0.5% vs market

Auto Components & Equipments peers, median of 122sector-2.0%+0.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.2 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.9

10m

-1.8

15m

-1.4

30m

-3.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-1.3-0.5-2.0+0.2

Next day

-3.5-1.3-2.2-2.5-1.0

-3.1+0.0-3.2-1.9-1.2

+0.5-0.2+0.7-1.9+2.4

-9.0-3.0-6.0-4.2-4.8

-7.0-2.7-4.3-4.0-3.0

-7.1-1.7-5.4-3.5-3.6

15d

+9.0-8.9+17.9-8.8+17.9

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 122Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shareholders of Kross Limited approved two special resolutions via postal ballot with e-voting from September 1 to September 30, 2026. Equity shares on preferential basis got 99.99% approval with about 4.82 crore votes in favor. Convertible warrants on preferential basis got 97.30% approval with about 4.69 crore votes in favor. Both resolutions passed with requisite majority.

Likely market impact

Shareholders approved preferential allotment of equity shares and convertible warrants, which may cause dilution but will bring capital to the company.