Kross Limited has issued a rectification notice to stock exchanges regarding an administrative error in its Audit Committee composition. The company corrected the designation of one committee member following an inadvertent mistake in its previous communication to BSE and NSE.

Committee Composition Error Rectified

The company identified an error in its intimation dated November 14, 2025, where Kunal Rai's designation was incorrectly mentioned as 'member' instead of 'Permanent Invitee' in the Audit Committee. This rectification was communicated to both BSE and NSE on January 19, 2026, to ensure accurate records and compliance with regulatory requirements.

The correction addresses the proper categorization of committee roles as mandated under Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, specifically Regulation 18(1).

Current Audit Committee Structure

Following the rectification, the Audit Committee composition is as follows:

The committee maintains its structure with two independent directors and includes the company's senior management in key oversight roles. Kunal Rai, serving as Executive Whole Time Director (Finance) & CFO, holds the position of Permanent Invitee rather than a voting member.

Regulatory Compliance

The rectification demonstrates the company's commitment to maintaining accurate corporate governance records and ensuring compliance with SEBI regulations. The company expressed regret for any inconvenience caused by the initial error and emphasized that this correction is for information and record purposes.

Company Secretary and Compliance Officer Debolina Karmakar signed the rectification notice, confirming the administrative correction and updated committee composition for regulatory authorities.

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.