
Board Meeting31 Aug 2026, 12:39 pm
Kross Ltd Approves Preferential Issue of Shares and Warrants
AI Summary
Kross Ltd's Board of Directors has approved a preferential issue of up to 15,00,000 equity shares and up to 15,00,000 convertible warrants. The equity shares will be issued at ₹212 each, aggregating ₹31.80 crore. Similarly, convertible warrants will be issued at ₹212 each, also aggregating ₹31.80 crore. The company also approved a postal ballot notice for members and set the remote e-voting schedule from September 1 to September 30, 2026. A practicing company secretary has been appointed as a scrutinizer for the e-voting process.
Key Highlights
- Board approves preferential issue of 15 lakh equity shares.
- Board approves preferential issue of 15 lakh convertible warrants.
- Total fundraising via shares and warrants amounts to ₹63.60 crore.
- Remote e-voting for resolutions scheduled from Sept 1 to Sept 30, 2026.
Price Impact
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