Kinetic Engineering Invests ₹10 Cr in Subsidiary Kinetic Watts and Volts

Kinetic Engineering Ltd has announced an investment of ₹10 Crore in its subsidiary, Kinetic Watts and Volts Limited (KWVL). This investment comprises the subscription of 1,00,00,000 equity shares at ₹10 each, issued at par. The transaction, which took place on September 16, 2026, increases Kinetic Engineering's shareholding in KWVL from 84.69% to 86.15%. KWVL is engaged in the electric mobility and electric vehicles (EV) sector. The investment is considered a related party transaction but has been conducted on an arm's length basis.