Kinetic Engineering Ltd — Important, 13-11-2025: Company Update

Kinetic Engineering has confirmed that there was no deviation in the utilization of funds raised through preferential issues of convertible warrants for the quarter ended September 30, 2025. The company has received 61.84 Cr out of total issue proceeds of approximately 166.84 Cr, with the remaining 104.99 Cr expected within 18 months. Although funds are allocated for various purposes, including investment in a subsidiary, no funds were utilized towards these specific objects during this reporting quarter. This update provides clarity on fund management as per the approved plan.