Kinetic Engineering Secures ₹40 Crore Promoter Infusion to Accelerate EV and Component Growth

Kinetic Engineering Ltd. (KEL), the flagship company of the Kinetic Group and a pioneer in India's automotive component industry, today announced that its promoter group has infused an additional ₹40 crore into the company, reaffirming its long-term commitment to Kinetic's growth and strategic transformation.

The capital infusion is made through conversion of warrants, subject to necessary approvals and applicable regulatory provisions. Following the transaction, the promoter shareholding in the company has increased to 65 percent, reflecting deeper promoter participation in the company's future.

The investment comes at a time when Kinetic Engineering is strengthening its presence across emerging mobility technologies, particularly in electric vehicle components, battery systems, and precision engineering solutions for global OEMs.

Kinetic Engineering has been steadily expanding its role in the evolving mobility ecosystem, supporting both traditional automotive programs and next-generation electric mobility platforms.

Ajinkya Firodia, Vice Chairman & Managing Director, Kinetic Engineering Ltd. said, "It is highly exciting time for us at Kinetic. The response to the scooter, Kinetic DX, launched by the subsidiary company is phenomenal. We are expanding nationwide and plan to appoint over 150 dealers this year. Meanwhile Kinetic Engineering's component business is showing great potential and new orders. We will be using these funds for expansion of both projects as required and planned. This additional investment reflects the promoter group's continued confidence in Kinetic Engineering and our long-term strategy. The automotive industry is undergoing a profound shift towards electric mobility, and we are building the capabilities needed to participate meaningfully in this transition. Strengthening the company's capital base allows us to accelerate investments in technology, manufacturing, and innovation as we prepare for the next phase of growth."

The promoter infusion also reinforces the Kinetic Group's broader vision of building a strong EV ecosystem through initiatives spanning electric vehicles, battery technology, and advanced automotive components. Kinetic Engineering Ltd., which recently completed over five decades of manufacturing excellence, continues to serve leading global and domestic OEMs while expanding capabilities aligned with India's rapidly evolving mobility landscape.

Its subsidiary, Kinetic Watts and Volts, in which KEL owns 80 percent, recently launched the legendary Kinetic DX in the electric version. The Kinetic DX EV boasts of several first-in-segment 'EASY' features patented by Kinetic, including Easy Charge™, Easy FLIP™ & Easy key™. It comes with a strong metal body and has 37-litres of under-seat storage, which is also class-leading. The DX EV is powered by the Range-X LFP battery, which is long-lasting and safer compared to NMC batteries.

Kinetic Watts and Volts has commenced its sales and service operations in Pune, Mumbai, Vadodara, Surat, Indore and Delhi NCR; and plans to take this scooter national in the growing EV market.

Shares of KINETIC ENGINEERING LTD. was last trading in BSE at Rs. 236.70 as compared to the previous close of Rs. 231.45. The total number of shares traded during the day was 22015 in over 219 trades.

The stock hit an intraday high of Rs. 242.30 and intraday low of 235.60. The net turnover during the day was Rs. 5261203.00.

Source : Equity Bulls

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