Sudhir Rai has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
KROSS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sudhir Rai, on behalf of all Promoters and the Promoter Group of Kross Limited, has submitted a declaration confirming that no encumbrance (pledge) was made on any promoter shares during the financial year ended March 31, 2026. The disclosure includes a shareholding table showing Promoter Group collectively holds 44,200,903 shares (approximately 68.51%) as of March 31, 2026. Key holders include Sudhir Rai (38.19%), Anita Rai (18.40%), Sumeet Rai (5.89%), and Kunal Rai (5.41%). Notably, all encumbered share counts show zero across all promoter entities.
This is a positive confirmation for investors as it shows promoters have not pledged their shares, reducing risk of forced selling. The total promoter holding of ~68.5% indicates strong promoter backing with no leverage concerns on their stake.