Kross Limited — Board Meeting, 04-12-2024: Outcome of Board Meeting

The Board of Directors has approved the acquisition of 6.56 acres of industrial land in Jharkhand from the Jharkhand Industrial Area Development Authority. To facilitate this, Kross Limited will subscribe to 4,39,159 equity shares (10.6% stake) of Adityapur Electronic Manufacturing Cluster Limited at ₹100 each, totaling ₹4.93 crore. The land acquisition aligns with the company's future expansion plans in the electronic manufacturing sector.