Kinetic Engineering’s board has approved the proposal for availing enhanced bill discounting facility from Mahindra & Mahindra Financial Services (Mahindra Finance). The Board of Directors of the company at its meeting held on January 18, 2019, approved the same.
Kinetic Engineering (Kinetic) is a manufacturer of high technology components and assemblies with a focus on Power Train Components and assemblies. The company is engaged in manufacturing components and assemblies to passenger vehicles, commercial vehicles, tractors, two-three wheelers and construction vehicles, in addition to non-auto segments.