Kross Limited has announced the launch of Tipping Jacks in the trailer segment, marking a strategic expansion of its product portfolio in the commercial vehicle components sector. The company aims to reach a production capacity of 800 units per month by FY2027, targeting both domestic and international markets.

Product Launch Details

The newly launched Tipping Jacks are designed for the trailer segment, specifically for all tipping trailers that require these essential components. This product launch represents Kross Limited's continued focus on strengthening its position in the trailer business segment.

Production Capacity and Market Potential

Kross Limited has set ambitious production targets for the new product line. The company's goal to achieve a production capacity of 800 Tipping Jacks per month by FY2027 reflects its confidence in market demand and manufacturing capabilities.

The product has been positioned to serve multiple market segments:

• Trailer industry applications
• Original Equipment Manufacturers (OEMs)
• Both domestic and international markets

Company's Market Position

Kross Limited leverages its established presence in the trailer business, particularly in axles and suspension components across various states. The company's existing relationships with trailer manufacturers who use the Kross brand provide a strong foundation for the new product launch.

The strategic expansion into Tipping Jacks aligns with the company's focus on comprehensive solutions for the trailer segment. This diversification within the trailer components space demonstrates Kross Limited's commitment to meeting evolving customer requirements in the commercial vehicle industry.

Regulatory Compliance

The product launch announcement was made in compliance with SEBI Listing Regulations, specifically under Regulation 30 read with Schedule III Part A Para B. The company has also made the relevant information available on its official website at https://www.krosslimited.com as per regulatory requirements.

CARE Ratings Limited (Care Edge) has withdrawn all credit ratings assigned to Kross Limited 's bank facilities, effective December 4, 2025. This decision comes after the company surrendered these facilities, with no outstanding amounts remaining.

Key Points

• Credit ratings withdrawal initiated on December 4, 2025
• Kross Limited surrendered all rated bank facilities
• No outstanding amounts on the facilities as of the withdrawal date
• No Objection Certificates (NOCs) received from respective banks

Background

Kross Limited, a manufacturer of automobile parts for commercial vehicles and tractors, had previously held credit ratings from CARE Ratings Limited. The company's decision to surrender its bank facilities led to the withdrawal of these ratings.

Financial Position

While the credit ratings have been withdrawn, it's worth noting Kross Limited's current financial position based on their latest balance sheet data:

The company's balance sheet shows significant growth in total assets and equity over the past year, while current liabilities have decreased.

Implications

The withdrawal of credit ratings following the surrender of bank facilities could indicate that Kross Limited:

1. Has improved its liquidity position
2. May be exploring alternative financing options
3. Might be restructuring its debt profile

Investors and stakeholders should monitor future announcements from Kross Limited for any changes in its financing strategy or capital structure.

Conclusion

The withdrawal of Kross Limited's credit ratings marks a significant change in the company's financial landscape. As the company moves forward without these rated bank facilities, it will be important to observe how this decision impacts its operations and financial strategy in the coming months.