Kaynes Technology India Limited — Board Meeting, 30-07-2025: Outcome of Board Meeting
30-07-2025 | 07:14 pm
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.
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