Kross Limited Promoter Anita Rai Acquires 30,000 Equity Shares Through Open Market

1 min read     Updated on 01 Apr 2026, 10:15 PM
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AI Summary

Kross Limited promoter and Whole Time Director Anita Rai acquired 30,000 equity shares through open market purchase on March 30, 2026, representing 0.05% of total paid-up capital. The acquisition increased her shareholding from 1,18,72,170 shares (18.40%) to 1,19,02,170 shares (18.45%). Complete regulatory disclosure documentation was submitted to BSE Limited, NSE, and the company's compliance officer under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Kross Limited promoter and Whole Time Director Anita Rai has acquired 30,000 equity shares through open market purchase, as disclosed in regulatory filings submitted to stock exchanges on March 31, 2026. The acquisition was made under the disclosure requirements of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share acquisition represents a strategic increase in promoter holding through market operations conducted on March 30, 2026.

Parameter: Details
Shares Acquired: 30,000 equity shares
Acquisition Date: March 30, 2026
Mode of Purchase: Open market
Percentage of Total Capital: 0.05%
Acquirer: Anita Rai (Promoter & Whole Time Director)

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in Anita Rai's stake in the company. The detailed shareholding pattern shows the following changes:

Holding Period: Number of Shares Percentage (%)
Before Acquisition: 1,18,72,170 18.40%
Shares Acquired: 30,000 0.05%
After Acquisition: 1,19,02,170 18.45%

Regulatory Compliance and Documentation

Anita Rai submitted comprehensive disclosure documentation to BSE Limited, National Stock Exchange of India Limited, and Company Secretary Debolina Karmakar. The filing was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming full regulatory compliance for the transaction.

Company Capital Structure

Kross Limited's equity share capital structure remained unchanged following this transaction:

Capital Structure: Details
Total Equity Shares: 6,45,09,422
Face Value per Share: INR 5.00
Listing Exchanges: BSE Limited and NSE

The acquisition represents a routine market transaction by an existing promoter to increase their stake in the company. Anita Rai serves as both a promoter and Whole Time Director of Kross Limited with DIN 00513329, maintaining her registered address at 14, Prime Rose Lane, Ashiana Garden, Sonari Jamshedpur 831011.

Historical Stock Returns for Kross

1 Day5 Days1 Month6 Months1 Year5 Years
-0.89%-5.83%-18.90%-20.99%-4.34%-38.46%

Will Anita Rai continue to increase her stake in Kross Limited through additional open market purchases in the coming quarters?

How might this promoter stake increase signal potential strategic initiatives or expansion plans for Kross Limited?

Could this acquisition indicate that Kross Limited's promoters view the current market price as undervalued relative to the company's prospects?

Kross Limited Schedules Analyst Meeting for March 26, 2026 Under SEBI Regulation 30

1 min read     Updated on 24 Mar 2026, 06:41 PM
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AI Summary

Kross Limited has scheduled a one-on-one virtual meeting with Xponent Tribe analyst for March 26, 2026 at 11:30 AM, organized by investor relations firm Kaptify. The meeting is being conducted under SEBI Regulation 30 compliance, with the company assuring no unpublished price sensitive information will be shared. The schedule may be subject to changes due to unexpected circumstances.

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Kross Limited has formally notified stock exchanges about an upcoming analyst and institutional investor meeting scheduled for March 26, 2026, as part of its regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made through an official communication dated March 24, 2026, addressed to both BSE Limited and National Stock Exchange of India Limited.

Meeting Details

The company's management will participate in a structured interaction with market analysts and investors through a one-on-one meeting format. The session is being organized by Kaptify, which serves as the company's investor relations firm.

Parameter: Details
Date: March 26, 2026
Time: 11:30 AM
Participant: Xponent Tribe
Format: One-on-One Meeting
Mode: Virtual
Organizer: Kaptify (IR Firm)

Regulatory Compliance and Disclosure

The meeting notification falls under Regulation 30 of SEBI's listing obligations, which mandates companies to inform exchanges about material events and investor interactions. Kross Limited has explicitly stated that no unpublished price sensitive information will be shared during the meeting, ensuring compliance with insider trading regulations.

The company has also indicated that the schedule may undergo changes due to unexpected exigencies, providing flexibility for operational adjustments while maintaining transparency with stakeholders.

Company Information

Kross Limited operates from its registered and corporate office located at M-4, VI Phase, Gamharia, Adityapur Industrial Area, Jamshedpur. The communication was signed by Debolina Karmakar, who serves as the Company Secretary and Compliance Officer. The company maintains ISO certifications including ISO 9001, ISO 14001, and ISO 45001, demonstrating its commitment to quality, environmental, and occupational health and safety management systems.

Historical Stock Returns for Kross

1 Day5 Days1 Month6 Months1 Year5 Years
-0.89%-5.83%-18.90%-20.99%-4.34%-38.46%

What strategic initiatives or business developments might Kross Limited discuss that could impact its market positioning in the bicycle industry?

How might the outcomes of this investor meeting influence Kross Limited's stock price and trading volume in the coming weeks?

Will Kross Limited expand its investor outreach program to include more institutional investors following this meeting?

More News on Kross

1 Year Returns:-4.34%