Kinetic Engineering Ltd — Updates, 30-05-2025: Company Update

Registered Address:

D1 Block, Plot No.18/2,

Chinchwad, Pune

Maharashtra India 411019

Factory Address:

Kinetic Manufacturing Plant

Nagar-Daund Road, Ahmednagar

Maharashtra India 414001

Contact: +91 2066142049

Email ID: kelinvestors@kineticindia.com

Website: www.kineticindia.com

CIN: L35912MH1970PLC014819

KEL:SH:SE: Date: 30 May, 2025

To

The Manager - Corporate Relationship Department

BSE Limited, 1st Floor,

Phiroze Jeejeebhoy Towers,

Fort, Mumbai- 400 001

Maharashtra, India

Scrip Code: BSE-500240

Subject: Annual Secretarial Compliance Report for the financial year ended 31st March 2025

Dear Sir/Madam,

Pursuant to the Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations,

2015, please find enclosed the Annual Secretarial Compliance Report for the financial year 2024-25.

This is for your information and records.

Thanking you.

Yours faithfully,

For Kinetic Engineering Limited

Chaitanya Mundra

Company Secretary and Compliance Officer

----------------Page (0) Break----------------

DINESH BIRLA & ASSOCIATES

COMPANY SECRETARIES

G-1001, MSR Queenstown, Opp. Chinchwad

Station, Near Lokmanya Hospital, Udyog Nagar,

Chinchwad, Pune - 411033.

Mob. No. 9766693603 /7768893344

Email : csdineshbirla@gmail.com

Page 1 of 7

Secretarial Compliance Report of KINETIC ENGINEERING LIMITED

For the financial year ended 31st March, 2025

I, Dinesh Shivnarayan Birla proprietor of Dinesh Birla & Associates, Practicing Company Secretary have

examined:

(a) All the documents and records made available to us and explanation provided by M/s. Kinetic

Engineering Limited,

(b) The filings/submissions made by the listed entity to the stock exchanges,

(c) Website of the listed entity,

(d) any other document/ filing, as may be relevant, which has been relied upon to make this

certification,

for the year ended 31st March, 2025 (“Review Period”) in respect of compliance with the provisions of:

(a) the Securities and Exchange Board of India Act, 1992 (“SEBI Act”) and the Regulations, circulars,

guidelines issued there under; and

(b) the Securities Contracts (Regulation) Act, 1956 (“SCRA”), rules made there under and the Regulations,

circulars, guidelines issued there under by the Securities and Exchange Board of India (“SEBI”);

The specific Regulations, whose provisions and the circulars / guidelines issued there under, have been

examined, include:-

(a) Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,

2015;

(b) Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations,

2018;

(c) Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations,

2011;

(d) Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018; - Not applicable

during the review period

(e) Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations,

2021: - Not applicable during the review period

(f) Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008; - Not

applicable during the review period

(g) Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations,

2021; - Not applicable during the review period

(h) Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;

and circulars/guidelines issued there under;

----------------Page (1) Break----------------

DINESH BIRLA & ASSOCIATES

COMPANY SECRETARIES

G-1001, MSR Queenstown, Opp. Chinchwad

Station, Near Lokmanya Hospital, Udyog Nagar,

Chinchwad, Pune - 411033.

Mob. No. 9766693603 /7768893344

Email : csdineshbirla@gmail.com

Page 2 of 7

I hereby report that, during the Review Period

a. The listed entity has complied with the provisions of the above Regulations and circulars/ guidelines

issued there under, except in respect of matters specified below:

Sr.

No.

Com-

plianceR

equire-

ment(Re

gu-

lations/

circulars

/guide-

linesincl

udingsp

ecificcla

use)

Regu-

lation/

Circula

r No.

Deviations Actio

n

Taken

by

Type of

Action

Details

of

Violatio

n

FineA

mount

Obser-

vations/

Remarks

of the

Practicin

g

Company

Secretary

Man-

age-

mentR

e-

spons

e

Re-

mark

s

NIL

b. The listed entity has taken the following actions to comply with the observations made in

previous reports:

Sr.

No.

Com-

plianceR

equire-

ment(Re

gu-

lations/

circulars

/guide-

linesincl

udingsp

ecificcla

use)

Regu-

lation/

Circula

r No.

Deviations Actio

n

Taken

by

Type of

Action

Details

of

Violatio

n

FineA

mount

Obser-

vations/

Remarks

of the

Practicin

g

Company

Secretary

Man-

age-

mentR

e-

spons

e

Re-

mark

s

1 Regulatio

n 30 of

LODR

Reg 30 Filing has

been made

by delay of

65 Days

- - Delay in

filing by

65 days

- Mr. Rohit

Bafna

ceased to

become

Independe

nt Director

of the

company

w.e.f 13th

February,

Satisfie

d with

the

correcti

ve

action

taken

by the

Compa

ny and

----------------Page (2) Break----------------

DINESH BIRLA & ASSOCIATES

COMPANY SECRETARIES

G-1001, MSR Queenstown, Opp. Chinchwad

Station, Near Lokmanya Hospital, Udyog Nagar,

Chinchwad, Pune - 411033.

Mob. No. 9766693603 /7768893344

Email : csdineshbirla@gmail.com

Page 3 of 7

2024 due

to the

expiry of

his 5 year

term.

Disclosur

e under

Regulation

30 and

XBRL for

the same

have been

made on

20th April,

2024.

no

default

made

during

the

period

under

review

2. Regulatio

n 30 of

LODR

Regulati

on 30

Filing not

made

No filing

done

Disclosure

under

Regulation

30 for

further

investmen

ts in

subsidiary

company

M/s.

Kinetic

Watts &

Volts

Limited,

shall have

been

made

within 24

hours of

Investmen

t, however

no filing

has been

made

Satisfie

d with

the

correcti

ve

action

taken

by the

Compa

ny and

no

default

made

during

the

period

under

review

3. Reg 14 of

LODR

Regulati

on 14

Late

payment

Payment

made

with a

delay of

116 days

Listing

Fees to

BSE shall

be paid by

April 30,

however

the fees

was paid

on August

25, by a

Satisfie

d with

the

correcti

ve

action

taken

by the

Compa

ny and

----------------Page (3) Break----------------

DINESH BIRLA & ASSOCIATES

COMPANY SECRETARIES

G-1001, MSR Queenstown, Opp. Chinchwad

Station, Near Lokmanya Hospital, Udyog Nagar,

Chinchwad, Pune - 411033.

Mob. No. 9766693603 /7768893344

Email : csdineshbirla@gmail.com

Page 4 of 7

delay of

116 days

no

default

made

during

the

period

under

review

4. Reg

33(3)(d)

of LODR

Regulati

on

33(3)(d)

Audit

Report not

as per SEBI

Format

Complete

Audit

Report

not

submitted

along with

financials

Audited

Financials

along with

the

Auditors’

Report for

March’23

was

submitted

within the

prescribed

timeline. A

query was

raised by

BSE on

07th June,

23 for

Audit

Report not

being as

per the

SEBI

circular

CIR/CFD/C

MD1/80/2

019 dated

July 19,

2019.

Thereafter

Audit

Report as

per the

SEBI

Circular

was

submitted

on 09th

June, 2023

Satisfie

d with

the

correcti

ve

action

taken

by the

Compa

ny and

no

default

made

during

the

period

under

review

I hereby report that, during the Review Period the compliance status of the listed entity is appended as below:

----------------Page (4) Break----------------

DINESH BIRLA & ASSOCIATES

COMPANY SECRETARIES

G-1001, MSR Queenstown, Opp. Chinchwad

Station, Near Lokmanya Hospital, Udyog Nagar,

Chinchwad, Pune - 411033.

Mob. No. 9766693603 /7768893344

Email : csdineshbirla@gmail.com

Page 5 of 7

Sr.

No.

Particulars Complianc

e Status

(Yes/No/N

A)

Observations

/Remarks by

PCS*

1. Secretarial Standards:

The compliances of the listed entity are in accordance

with the applicable Secretarial Standards (SS) issued

by the Institute of Company Secretaries of India (ICSI),

as notified by the Central Government under section

118(10) of the Companies Act, 2013 and mandatorily

applicable.

Yes,

None

2. Adoption and timely updation of the Policies:

 All applicable policies under SEBI Regulations are

adopted with the approval of board of directors of

the listed entities

 All the policies are in conformity with SEBI

Regulations and have been reviewed & updated on

time, as per the regulations/circulars/guidelines

issued by SEBI

Yes

Yes

None

None

3. Maintenance and disclosures on Website:

 The Listed entity is maintaining a functional website

 Timely dissemination of the documents/

information under a separate section on the

website

 Web-links provided in annual corporate

governance reports under Regulation 27(2) are

accurate and specific which re-directs to the

relevant document(s)/section of the website

Yes

Yes

Yes

None

None

None

4. Disqualification of Director:

None of the Director(s) of the Company is/ are

disqualified under Section 164 of Companies Act, 2013

as confirmed by the listed entity.

Yes

None

5. Details related to Subsidiaries of listed entities have

been examined w.r.t.:

(a) Identification of material subsidiary companies

(b) Disclosure requirement of material as well as

other subsidiaries

Yes

Yes

None

None

----------------Page (5) Break----------------

DINESH BIRLA & ASSOCIATES

COMPANY SECRETARIES

G-1001, MSR Queenstown, Opp. Chinchwad

Station, Near Lokmanya Hospital, Udyog Nagar,

Chinchwad, Pune - 411033.

Mob. No. 9766693603 /7768893344

Email : csdineshbirla@gmail.com

Page 6 of 7

6. Preservation of Documents:

The listed entity is preserving and maintaining records

as prescribed under SEBI Regulations and disposal of

records as per Policy of Preservation of Documents

and Archival policy prescribed under SEBI LODR

Regulations, 2015.

Yes

None

7. Performance Evaluation:

The listed entity has conducted performance

evaluation of the Board, Independent Directors and

the Committees at the start of every financial

year/during the financial year as prescribed in SEBI

Regulations.

Yes

None

8. Related PartyTransactions:

(a) The listed entity has obtained prior approval of

Audit Committee for all related party

transactions; or

(b) The listed entity has provided detailed reasons

along with confirmation whether the

transactions were subsequently approved /

ratified / rejected by the Audit Committee, in

case no prior approval has been obtained.

Yes

Yes

None

None

9. Disclosure of events or information:

The listed entity has provided all the required

disclosure(s) under Regulation 30 along with Schedule

III of SEBI LODR Regulations, 2015 within the time

limits prescribed there under.

Yes

None

10. Prohibition of InsiderTrading:

The listed entity is in compliance with Regulation 3(5)

& 3(6) SEBI (Prohibition of Insider Trading)

Regulations, 2015.

Yes

None

11. Actions taken by SEBI or Stock Exchange(s), if any:

No action(s) has been taken against the listed entity /

its promoters / directors / subsidiaries either by SEBI

or by Stock Exchanges (including under the Standard

Operating Procedures issued by SEBI through various

circulars) under SEBI Regulations and

circulars/guidelines issued there under except as

provided under separate paragraph herein (**).

Yes

None

----------------Page (6) Break----------------

DINESH BIRLA & ASSOCIATES

COMPANY SECRETARIES

G-1001, MSR Queenstown, Opp. Chinchwad

Station, Near Lokmanya Hospital, Udyog Nagar,

Chinchwad, Pune - 411033.

Mob. No. 9766693603 /7768893344

Email : csdineshbirla@gmail.com

Page 7 of 7

12. Additional Non-compliances, if any:

No additional non-compliance observed for any SEBI

regulation / circular / guidance note etc.

Yes

None

Compliances related to resignation of statutory auditors from listed entities and their material subsidiaries as

per SEBI Circular CIR/CFD/CMD1/114/2019 dated 18th October, 2019:

Since the statutory auditor of the listed entity and its material subsidiaries have not resigned, during the

financial year 2024-25, no comments are given vis-à-vis compliances related to resignation of statutory

auditor’s from the listed entity and its material subsidiaries as per SEBI Master Circular

SEBI/HO/EFD/PoD2/CIR/P/2023/120 dated 11th July, 2023.

Assumptions & limitation of scope and review:

1. Compliance of the applicable laws and ensuring the authenticity of documents and information furnished,

are the responsibilities of the management of the listed entity.

2. Our responsibility is to report based upon our examination of relevant documents and information. This is

neither an audit nor an expression of opinion.

3. We have not verified the correctness and appropriateness of financial records and books of account of the

listed entity.

4. This report is solely for the intended purpose of compliance in terms of Regulation 24A (2) of the SEBI (LODR)

Regulations, 2015 and is neither an assurance as to the future viability of the listed entity nor of the efficacy or

effectiveness with which the management has conducted the affairs of the listed entity.

For Dinesh Birla & Associates

Company Secretaries

Dinesh Birla

Proprietor

FCS: 7658, CP No. : 13029

Peer Review No.: 1668/2022

UDIN: F007658G000366676

Place: Pune

Date: 23.05.2025

Dinesh

Shivnarayan

Birla

Digitally signed by

Dinesh Shivnarayan Birla

Date: 2025.05.23 19:28:11

+05'30'

----------------Page (7) Break----------------