Kross Limited’s board approved Rs 31.80 crore equity share allotment to investors Back
<p>Kross Limited announced that its board approved the raising of Rs 31.80 crore through the issuance and allotment of up to 15,00,000 equity shares at a price of Rs 212 per share on a preferential basis to Rathore Gauravrajsingh Vijaysingh, Dhruv Agarwal, Saroj V Rathore, and Richa Gauravrajsingh Rathore. Additionally, the company’s board approved the issuance of up to 15,00,000 convertible warrants, also aggregating to Rs 31.80 crore, with Sumeet Rai and Kunal Rai as proposed allottees, subject to shareholder and regulatory approvals.</p>