Kinetic Engineering Ltd — Important, 06-11-2025: Company Update
06-11-2025 | 02:25 pm
06-11-2025 | 02:25 pm
Kinetic Engineering Limited has made a strategic cash investment of INR 9 Cr in its subsidiary, Kinetic Watts and Volts Limited (KWVL), by subscribing to 90 lakh equity shares at INR 10 each. This move boosts KEL's shareholding in KWVL from 76.90% to 79.79%. The capital infusion aims to support KWVL's operations within the automobile industry. KWVL, incorporated in 2022, currently has no turnover, indicating this is an investment into a relatively new venture focused on future growth in the auto sector.
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