Kaynes Technology India Limited — Others, 30-07-2025: Appointment

Kaynes Technology's board approved the financial results for the quarter. Standalone revenue was ₹450.82 Cr with profit of ₹54.29 Cr, while consolidated revenue hit ₹673.47 Cr with profit of ₹74.61 Cr. The company allotted 77,561 ESOP shares, increasing paid-up capital to ₹67.03 Cr. The board also approved extending the ESOP vesting period to 8 years, pending shareholder approval. A Secretarial Auditor was appointed for five years. The Fund-Raising Committee was dissolved post-QIP. Significantly, the board approved diluting ownership in Kaynes Semicon, a wholly-owned subsidiary, to bring in new investors, enhancing its growth prospects. The company plans its Annual General Meeting.