Kross Limited — Others, 08-08-2025: Monitoring Agency Report

Kross Limited's Monitoring Agency Report for the quarter ended June 30, 2025, confirms no deviation in the use of its IPO proceeds from the stated objectives. The company has utilized INR 196.61 Cr out of the INR 250.00 Cr fresh issue. Key uses include full repayment of INR 90.00 Cr in borrowings, partial funding of capital expenditure (INR 34.21 Cr), and working capital (INR 14.41 Cr). Unutilized funds of INR 53.39 Cr are held in fixed deposits. Some capital expenditure and working capital plans show ongoing delays, which investors should note regarding project timelines.