Kaynes Technology India Limited — Board Meeting, 30-07-2025: Outcome of Board Meeting

Kaynes Technology has announced a board meeting. The company reported strong consolidated financial results for the quarter ended June 30, 2025, with revenue at ₹673.47 Cr and profit after tax at ₹74.61 Cr. The board approved allotting 77,561 shares under its ESOP scheme, increasing paid-up capital to ₹67.03 Cr, and extended ESOP vesting periods to 8 years. Strategically, Kaynes will dilute ownership in its Kaynes Semicon subsidiary to two new investors for up to 18.25% combined, and formed Kaynes Space Technology for satellite development and Kaynes Canada for future acquisitions. The QIP fundraising committee was also dissolved.