KINETIC ENGINEERING LTD.

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.

Kinetic Engineering Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from July 01, 2026, until 48 hours after the announcement of the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. During this period, directors, key managerial personnel, designated employees, promoters, and their immediate relatives are prohibited from trading in the company's shares. The date for the board meeting to approve these financial results will be communicated separately.

Kinetic Engineering Ltd has filed a statement of deviation or variation for the quarter ended March 31, 2026, under Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company raised funds through preferential issues of convertible warrants, receiving ₹101.60 Cr till March 31, 2026. During the quarter, 3,100,000 equity shares were allotted upon conversion of warrants at ₹171 per warrant, aggregating to ₹39.76 Cr. There was no deviation/variation in the use of funds raised. The company had received ₹1,01,59,75,040 out of the total issue proceeds of ₹1,66,83,99,975 as of March 31, 2026.

Kinetic Engineering Ltd reports increased revenue for its EV arm, Kinetic Watts & Volts Ltd, reaching ₹158 crores compared to ₹142 crores last year. The Kinetic DX won the 'Viewer’s Choice – EV Scooter of the Year' award. The company has expanded to 20 dealerships across multiple states and plans to add 24 more by June-end. The auto components business reported revenue of ₹150 crores. The company anticipates substantial new business aligned with its projected growth.

Kinetic Engineering Ltd's Board of Directors, in a meeting held on May 29, 2026, approved the re-appointment of Mr. Bhagwan S Waghmare as the Internal Auditor for the financial year 2026-27, based on the recommendation of the Audit Committee. The board also approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Additionally, the board took note of the investment made by the company in its subsidiary company.

Kinetic Engineering Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during its meeting on May 29, 2026. The board also approved the re-appointment of Mr. Bhagwan S Waghmare as the Internal Auditor for FY 2026-27 and took note of the investment made in its subsidiary company, Kinetic Watts & Volts Limited. The meeting commenced at 14:15 Hrs (IST) and concluded at 17:40 Hrs (IST).

Kinetic Engineering Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The trading window has been closed from April 01, 2026, and will remain closed until 48 hours after the announcement of the financial results.

Kinetic Engineering Ltd. released a Monitoring Agency Report for Q4 2025-26, as per Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, issued by CARE Ratings Limited, pertains to the utilization of issue proceeds from a preferential issue aggregating to ₹166.84 crore. The report indicates no deviation from the stated objectives of the issue. It declares an objective view based on information provided by the issuer and believed to be accurate, without independent verification or audit.

Kinetic Engineering Ltd. has invested INR 10 Crore in its subsidiary, Kinetic Watts and Volts Limited (KWVL). The investment was made by subscribing to 1,00,00,000 equity shares at INR 10/- each. Post investment, Kinetic Engineering Ltd. holds 82.89% of the total paid-up share capital of KWVL. KWVL, incorporated on 27th September 2022, is a subsidiary of Kinetic Engineering Ltd. and operates in the automobile industry.

Kinetic Engineering Ltd has announced the closure of its trading window for all Directors, Key Managerial Personnel, Designated Employees, and other connected persons of the Company. The closure will be in effect from Wednesday, 1st April, 2026 until 48 hours after the announcement of the Audited Financial Statements for the Financial Year ended 31st March, 2026. The date of the Board Meeting for considering the financial results will be informed separately.