Kinetic Engineering Gets BSE Listing Approval for 31 Lakh Shares

Kinetic Engineering Ltd has received listing approval from BSE for 31,00,000 equity shares. These shares, with a face value of Rs. 10 each, were issued at a premium of Rs. 161 each to promoters on a preferential basis, following the conversion of warrants. The approval is subject to compliance with SEBI regulations, including the filing of shareholding patterns and confirmation letters from NSDL/CDSL regarding share crediting and lock-in periods. The company must also apply for trading approval within seven working days from the grant of listing approval.