Kross Limited successfully commissioned its groundbreaking Axle Beam Extrusion Plant on February 27, 2026, marking India's first facility for single-piece axle beam production.
Capacity Expansion Details
Existing Capacity: 5,000 axle beam units/month at 80% utilization
New Addition: 8,000 axle beam units/month, fully operational by April 2026
Investment: Rs 25 crore, funded through public issue
Revolutionary Technology
Unlike traditional Indian heavy commercial vehicle axle beams made from four welded pieces, this plant employs an extrusion process creating seamless single-piece construction. Benefits include enhanced strength, stiffness, reliability, improved tire life, and weight reduction.
Strategic Significance
This pioneering technology positions Kross Limited at the forefront of heavy commercial vehicle component manufacturing innovation. The facility supports growing industry demand while delivering superior performance characteristics.
Commenting on this development, Mr. Sudhir Rai - Chairman & Managing Director said "We are delighted to announce the commissioning of our new Axle Beam Extrusion Plant, a first-of-itskind facility in India, representing a strategic initiative designed to optimize production efficiency while reinforcing our commitment to cutting-edge technology and product reliability. This development aligns seamlessly with our long-term goal of advancing innovative practices in the automotive sector, delivering substantial benefits to the company and its stakeholders.
Our unwavering dedication to quality, workplace safety, operational excellence, and a customer-centric approach positions us favourably for enduring success. We are confident that our continued emphasis on innovation, efficiency, and prudent strategic investments will enable us to address evolving market demands and generate sustainable value for our shareholders."
Shares of Kross Limited was last trading in BSE at Rs. 197.25 as compared to the previous close of Rs. 198.65. The total number of shares traded during the day was 12383 in over 393 trades.
The stock hit an intraday high of Rs. 201.00 and intraday low of 195.05. The net turnover during the day was Rs. 2451174.00.