Kaynes Technology India Limited — JV/Acquisition, 26-06-2025: Acquisition

Kaynes Technology India has announced a board meeting to consider the financial results for the quarter and half-year. The company has incorporated a wholly owned subsidiary, Kaynes Space Technology Private Limited (KSTPL), with a paid-up capital of Rs. 10 lakh. KSTPL will focus on designing and manufacturing satellites across various orbits, developing indigenous launch vehicles, and creating space-based applications like border surveillance and disaster monitoring. This move marks Kaynes’ strategic entry into the space tech sector, aimed at expanding its product portfolio and tapping emerging opportunities in space technology within India.