Kross Limited — Others, 08-08-2025: Statement of deviation(s) or variation(s) under Reg. 32

Kross Limited has confirmed there was no deviation in the utilization of funds from its Initial Public Offering (IPO) for the quarter ending June 30, 2025. The IPO, which raised a total of INR 250 Cr (net proceeds of INR 236.92 Cr), saw funds allocated to capital expenditure, debt repayment, working capital, and general corporate purposes. The company's audit committee reviewed the utilization and confirmed no issues. This provides shareholders with transparency that IPO funds are being used as originally intended.