Shareholding25 Sept 2026, 04:51 pm
Kinetic Engineering: Micro Age Instruments Acquires 23 Lakh Shares
AI Summary
Micro Age Instruments Pvt Ltd & PACs have acquired 23,00,000 equity shares of Kinetic Engineering Limited, representing 4.42% of the total capital. This acquisition was made through a preferential allotment following the conversion of warrants. The holding of Micro Age Instruments Pvt Ltd & PACs increased from 20.52% to 24.94% of the total equity share capital. The total equity share capital of Kinetic Engineering Limited increased from Rs. 26,91,10,910 to Rs. 31,36,20,910.
Key Highlights
- Micro Age Instruments acquired 23,00,000 shares via preferential allotment.
- Acquisition represents a 4.42% stake in Kinetic Engineering.
- Total holding increased from 20.52% to 24.94%.
- Transaction involved conversion of warrants.
- Company's equity capital increased post-acquisition.
Price Impact
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