Jayashree Firodia Trust Acquires 20.23 Lakh Shares in Kinetic Engineering

Jayashree Firodia Trust and Persons Acting in Concert (PACs) have acquired 20,23,266 equity shares of Kinetic Engineering Limited through preferential allotment following the conversion of warrants. This acquisition increases their total shareholding from 32,55,058 shares (pre-acquisition) to 52,78,324 shares (post-acquisition). The transaction occurred on September 24, 2026, and was part of a larger conversion of 44,51,000 warrants into equity shares. The company's equity share capital also increased accordingly.