Kinetic Engineering Ltd — Important, 23-02-2026: Company Update

Kinetic Engineering Limited has increased its investment in its subsidiary, Kinetic Watts and Volts Limited (KWVL), by subscribing to 30 lakh new equity shares for INR 3 Crore. This cash investment boosts KEL's shareholding in KWVL from 79.79% to 80.60%. The transaction, an arm's length related party deal, aims to support KWVL's business operations in the Automobile sector. KWVL, incorporated in 2022, has an authorized capital of INR 75 Crore and a paid-up capital of INR 74.836 Crore.