Outcome of Board Meeting

31st August, 2026 To To The General Manager The General Manager Department of Corporate Services Department of Corporate Services BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 544253 Symbol: KROSS ISIN: INE0O6601022 Dear Sir/Madam, Sub: Outcome of Board Meeting Ref.: Disclosure under Regulation 30 & 30A of SEBI (LODR), Regulations, 2015 Dear Sir/Madam, This is to inform you that pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and such other as applicable provision, the meeting of the Board of Directors of the Company held today i.e. 31st August, 2026 has transacted and approved the following businesses; 1. Considered and approved the raising of funds through the issuance and allotment of up to 15,00,000 (Fifteen Lakh) fully paid-up equity shares of the Company having a face value of Rs 05/- (Rupees Five Only) each issued at a price of Rs. 212/- (Rupees Two Hundred and Twelve only) per Equity Share, including share premium of Rs. 207/- (Rupees Two hundred and seven only) aggregating to Rs. 31, 80, 00,000/- (Rupees Thirty-one Crore Eighty Lakhs only) on a preferential basis, determined under Regulation 164 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 to proposed allottees as mentioned in Annexure A on preferential basis under the terms of SEBI (Issue of Capital & Disclosures Requirement) Regulation, 2018 subject to receipt of necessary approvals. Furthermore, details as required under Regulation 30 of the Listing Regulations read with SEBI master circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/202 dated July 11, 2023 and updated on January 30, 2026 are set out in “Annexure-I” enclosed to this letter. 2. Considered and approved to Issue upto 15,00,000 (Fifteen Lakh) Convertible Warrants (‘Warrants’) of Face value of Rs. 05/- (Rupees Five Only) each issued at a price of Rs 212/- (Rupees Two Hundred and Twelve only) per warrant, including share premium of Rs. 207/- (Rupees Two hundred and seven only) aggregating to Rs. 31, 80,00,000/- (Rupees Thirty-one Crore Eighty Lakhs only) on a preferential basis, determined under Regulation 164 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 to proposed allottees as mentioned in Annexure B on preferential basis under the terms of SEBI (Issue of Capital & Disclosures Requirement) Regulation, 2018 subject to Shareholders and other necessary approvals if any; The requisite details as required in terms of SEBI master circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/202 dated July 11, 2023 and updated on January 30, 2026, are provided in “Annexure II”. 3. Approval of the Postal Ballot Notice along with the explanatory statement dated 31st August 2026 for sending to the members of the company 4. In compliance with the relevant provisions, the Company is providing its Shareholders the facility to cast their votes by electronic means via ‘Remote e-voting’ on all resolutions set forth in the Postal Ballot Notice dated 31st August 2026. The details of the remote e-voting schedule are as follows: Date & Time of commencement of Remote e- Tuesday 01st September 2026 at 09:00 voting AM Date & Time of end of Remote e-voting Wednesday 30th September 2026 at 05:00 5. Mr. Sital Prasad Swain, Practicing Company Secretary (Membership No. F6338, Certificate of Practice No. 6814) had been appointed as scrutiniser for scrutinizing the entire remote e-voting process for the resolution set forth in the notice of the Postal Ballot dated 31st August 2026. The Board meeting commenced at 11:00 A.M and concluded at 12:33 P.M. Please take the same on your record. Yours Faithfully, Thanking You, For Kross Limited Debolina Karmakar Company Secretary and Compliance Officer Membership No.: ACS 62738 ANNEXURE I DISCLOSURE OF MATERIAL EVENT UNDER REGULATION 30 READ PARA A OF PART A OF SCHEDULE III OF SEBI (LISTING OBLIGATION AND DISCLOUSRE REQUIREMENTS) REGULATION, 2015- ISSUANCE OF EQUITY SHARES ON PREFERENTIAL BASIS Sr. Particulars Details 1. Types of securities proposed to be Issued Issue of Equity Share of face value of Rs 05/- each on Preferential basis to the proposed allottees as provided under Annexure A. 2. Type of issuance (further public offering, Preferential Issue of Equity Shares in rights issue, depository receipts accordance with the SEBI (ICDR) Regulation (ADR/GDR), qualified institutions 2018 read with the Companies Act, 2013 and placement, preferential allotment etc.) rules made thereunder. 3. Total number of Securities proposed to be Issue of up to 15,00,000 (Fifteen Lakh) Equity issued or the total amount for which the Shares at an issue price of ₹212/- per equity securities will be issued shares aggregating to ₹31,80,00,000/- (Rupees Thirty-One Crore Eighty Lakhs Only) 4. Issue Price ₹ 212/- (Rupee Two Hundred and Twelve only) including premium of Rs. 207/- per equity share 5. Additional details Names of the investors As per Annexure A No of investors Up to 4 In case of convertibles - intimation on Not Applicable conversion of securities or on lapse of the tenure of the instrument For Kross Limited Debolina Karmakar Company Secretary and Compliance Officer Membership No.: ACS 62738 ANNEXURE – A Sr. no. Names of the Investors/proposed Category No. of Equity Share Allottees (Promoter and non- (Upto) promoter) 1. Rathore Gauravrajsingh Vijaysingh Non-Promoter 5,00,000 2. Dhruv Agarwal Non-Promoter 5,00,000 3. Saroj V Rathore Non-Promoter 3,00,000 4. Richa Gauravrajsingh Rathore Non-Promoter 2,00,000 Total 15,00,000 For Kross Limited Debolina Karmakar Company Secretary and Compliance Officer Membership No.: ACS 62738 ANNEXURE II DISCLOSURE OF MATERIAL EVENT UNDER REGULATION 30 READ PARA A OF PART A OF SCHEDULE III OF SEBI (LISTING OBLIGATION AND DISCLOUSRE REQUIREMENTS) REGULATION, 2015- ISSUANCE OF SECURITIES ON PREFERENTIAL BASIS Sr. Particulars Details 1. Types of securities proposed to Issue of Equity warrants convertible into 1 (One) be Issued Equity Share of face value of Rs 5/- each on Preferential basis to the proposed allottees as provided under Annexure B. 2. Type of issuance (further public Preferential Issue of warrants in accordance with the offering, rights issue, SEBI (ICDR) Regulation 2018 read with the depository receipts Companies Act, 2013 and rules made thereunder. (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3. Total number of Securities Issue of up to 15,00,000 (Fifteen Lakhs) Convertible proposed to be issued or the Warrants at an issue price of Rs 212/- per warrant, each total amount for which the convertible into (01) Equity Share of face value of ₹05/- securities will be issued each, fully paid-up, at par, for an aggregate consideration of up to ₹31,80,00,000/- (Rupees Thirty- One Crore Eighty Lakhs Only), on a preferential basis. 4. Issue Price ₹ 212/- (Rupees Two Hundred and Twelve only) including premium of Rs. 207/- 5. Additional details As per Annexure B Names of the investors Up to 2 No. of Investors 6. In case of convertibles - The warrants shall be convertible at any time, at the intimation on conversion of discretion of warrant holder, prior to the expiry of securities or on lapse of the eighteen (18) months from the date of its allotment. tenure of the instrument Each Warrant would be convertible into, or exchangeable, at an option of Proposed Allottee(s), within a maximum period of 18 months from the date of allotment of Warrants into equivalent number of fully paid-up equity share of face value of ₹ 05/- each of the Company. An amount equivalent to at least 25% of the warrant issue price shall be payable upfront along with the application for the allotment of the warrants and the balance 75% shall be payable by the Proposed Allottee(s) on the exercise of option of conversion of the warrant(s). The number [Showing first 8,000 characters — download PDF for full document]