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Kinetic Engineering LtdImportant, 11-03-2026: Company Update

11-03-2026 | 04:29 pm

Kinetic Engineering Ltd. announced its promoter group has infused an additional ₹40 crore into the company through warrant conversion. This capital strengthens the balance sheet and will support expansion in both EV and auto component businesses. The funds are earmarked to accelerate distribution for the new Kinetic DX electric scooter and fund capacity expansions and new projects in auto components. Following this infusion, promoter shareholding has increased to 65 percent, reflecting deep confidence in the company's growth strategy and its role in the evolving electric mobility ecosystem.

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