Investors Inject Rs 40 Crore into Kinetic Engineering to Boost Electric Vehicle and Component Expansion

Kinetic Engineering Ltd Receives Rs 40 Crore Capital Infusion from Promoter Group

Kinetic Engineering Ltd (KEL) announced that its promoter group has invested an additional Rs 40 crore in the company through the conversion of warrants. The capital infusion is subject to necessary approvals and applicable regulatory provisions.

The promoter shareholding in Kinetic Engineering Ltd has increased to 65% from 49% four years ago, reflecting deeper promoter participation in the company's future growth. This investment comes at a time when the company is strengthening its presence across emerging mobility technologies, particularly in electric vehicle components, battery systems, and precision engineering solutions for global OEMs.

KEL Vice Chairman & Managing Director, Ajinkya Firodia, stated that the company is expanding nationwide and plans to appoint over 150 dealers this year. The component business is showing great potential, with new orders being received.

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The additional investment reflects the promoter group's continued confidence in Kinetic Engineering and its long-term strategy. Firodia emphasized that the automotive industry is undergoing a profound shift towards electric mobility, and the company is building the capabilities needed to participate meaningfully in this transition. Strengthening the company's capital base allows KEL to accelerate investments in technology, manufacturing, and innovation as it prepares for the next phase of growth.