Jayashree Firodia Trust raised its stake in Kinetic Engineering from 12.10% to 16.83% by acquiring 20,23,266 shares through a preferential allotment following warrant conversion.
A manufacturer of automotive components and engineering solutions, Kinetic Engineering serves the Indian automobile industry with a diverse product portfolio spanning multiple vehicle categories. Established in 1970, the company produces critical parts for two-wheelers, three-wheelers, and four-wheelers through its manufacturing facilities across India. The company distinguishes itself through its focus on precision engineering, quality standards, and long-standing relationships with major original equipment manufacturers in the automotive sector.
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