ALPHA TRIBE

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

30-07-2025 | 07:14 pm

**#KAYNES Board Meeting Outcomes:**

The board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue hit ₹673.47 Cr, with a net profit of ₹74.61 Cr.

Key decisions include:

* Allotment of 77,561 ESOP shares, increasing paid-up capital to ₹67.03 Cr.

* Extension of ESOP vesting periods from 5 to 8 years, subject to shareholder consent.

* Dissolution of Fund Raising Committee, signaling successful completion of the recent QIP.

* Strategic dilution of ownership in wholly-owned subsidiary Kaynes Semicon Pvt Ltd to Alpha & Omega Semiconductor and US Technology International for up to 18.25% combined upon conversion of securities, bringing in external partners.

No comments yet. Be the first to comment!

All announcements from Kaynes Technology India Limited