Kaynes Technology India Limited — Important, 10-06-2025: Agreements

Kaynes Semicon, a wholly owned subsidiary of Kaynes Technology, has agreed to acquire Power Module production lines and related assets from Fujitsu General Electronics, Japan, for JPY 1,591.16 million (~₹103 Cr). This strategic move boosts Kaynes Semicon’s manufacturing capacity in power electronics, enhancing product range and growth potential in semiconductor manufacturing, without impacting Kaynes Technology’s management or control.