Kaynes Technology India Limited — JV/Acquisition, 03-07-2025: Acquisition

Kaynes Technology has approved an additional investment of up to USD 17.7 million in its wholly owned subsidiary, Kaynes Holding Pte. Ltd, doubling its stake to 100% with 3.45 crore shares post-investment. Kaynes Holding, incorporated in Singapore in June 2024, focuses on electronics system design, manufacturing, and strategic investments. This infusion aims to expand Kaynes' footprint in electronics manufacturing and enable future strategic acquisitions, positioning the company for growth in high-value tech domains. The move supports Kaynes’ long-term operational and business expansion plans.