Kross allots warrants
Kross (KROSS) said it has allotted warrants. The company is valued at about ₹1,901 crore.
What happened
Kross (KROSS) told the exchanges on 30 October 2026 at 05:19 PM that it has allotted warrants.
From the filing: "Outcome of Board Meeting for Allotment of 15,00,000 Equity shares on a Preferential Basis and Allotment of 15,00,000 fully Convertible equity warrants convertible into or exchangeable for ...."
Company snapshot
Kross is a small-cap company, with a market value of about ₹1,901 crore.
The stock last traded at ₹294.7, against a 52-week range of ₹150.5–₹326.4 (9.7% below the high).
Before this filing the shares had moved +10.0% over the month and +48.6% over three months. Average daily turnover over the last 20 sessions was about ₹87.87 crore.
Promoters held 68.57% at the end of Q2 FY27. Foreign institutions owned 3.37% and domestic institutions 6.10%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 131 | 8.1 | 1.25 |
| Q3 FY26 | 177 | 14 | 2.17 |
| Q4 FY26 | 225 | 22.5 | 3.48 |
| Q1 FY27 | 184 | 13.3 | 2.06 |
| Q2 FY27 | 235 | 19.7 | 3.08 |
What history shows
This is not the company's first fund raising disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 2.3% on average the next trading day and was down 2.3% on average after five days (2 filings with price data).
Market-wide, 1,676 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 31 Aug 2026 | Fund raising | −2.3% | −2.3% |
| 31 Aug 2026 | Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E.… | −2.3% | −2.3% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
- Kross share price jumps 20% after Q2 results: What lies ahead? Technical analyst weighs in
- Kross Ltd Q2FY27 Results: Net profit jumps 143% YoY to ₹196.9 million
- Kross shares rally 16% after Q2 profit jumps 143% YoY; stock hits 52-week high
- Kross share price zooms 20%, hits record high on huge volume; here's why
- Kross Ltd (NSE:KROSS) Q2 2027 Earnings Call Highlights: 80% Revenue Surge, Record Trailer Axle ...
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.