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    KROSS LTD.

    21 November 2024 | 03:59

    Industry >> Auto Parts & Accessories

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    ISIN No INE0O6601022 BSE Code / NSE Code 544253 / KROSS Book Value (Rs.) 23.56 Face Value 5.00
    Bookclosure 52Week High 271 EPS 6.96 P/E 31.49
    Market Cap. 1413.27 Cr. 52Week Low 158 P/BV / Div Yield (%) 9.30 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    Our Company was incorporated as "Kross Manufacturers (India) Private Limited", as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 9, 1991, issued by the Registrar of Companies, Bihar at Patna. Thereafter, the Registered Office of our Company was changed from 214, Ashiana Centre Adityapur, Jamshedpur - 831013 to M-4, Phase VI, Gamharia, Adityapur Industrial Area, Jamshedpur - 832108. Subsequently, the name of our Company was changed from "Kross Manufacturers (India) Private Limited" to "Kross Private Limited" pursuant to a fresh certificate of incorporation issued by the Registrar of Companies Jharkhand at Ranchi dated September 26, 2016. Further, the name of our Company was changed upon conversion from a private limited company "Kross Private Limited", to a public limited company "Kross Limited" pursuant to a special resolution passed by our shareholders on January 13, 2017 and a fresh certificate of incorporation issued by the Registrar of Companies Jharkhand at Ranchi dated January 17, 2017.

    Major Events and Milestones:
    1991
    -Obtained the certificate of incorporation.

    1997
    -Supplied their first product, joint cross to Tata Engineering and Locomotive Company Limited (Telco Limited)

    2001
    -Diversified into tractor components and started working with TAFE.

    2006
    -Started working with Ashok Leyland by developing output flanges.

    2008
    -Installed upsetter forging equipment (4" and 5") and started development of manufacturing of axle shafts for Tata Motors.
    -Installed press forging equipment by installing 2500 and 2000 tonnes mechanical press.

    2014
    -Commenced business with International Tractors Limited for rockshafts.

    2016
    -Developed spider bevel gears for TAFE.

    2018
    -Commenced manufacturing anti-roll bar and stabilizer bar for OEM's by commissioning a new facility, Unit IV

    2019
    -Developed the trailer axle along with mechanical suspensions for the trailer industry.

    2022
    -Established foundry Unit V, a high pressure mould line along with its machine shop.

    2013
    -Best supplier award for "Consistent Delivery Performance" through pull system - Kanban at the Global Supplier Meet by TAFE.

    2014
    -Best supplier award for "Overall Performance" by TAFE

    2015
    -Best supplier of the year award for outstanding efforts in delivery, quality and cost by York, a Tata Enterprise.

    2021
    -Durafit Range best vendor award for demand fulfilment east (2020-21) by Tata Genuine Parts at the Vendor Impact Progamme 2021

    2023
    -Silver award in Best Performance in Business Alignment by Ashok Leyland

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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