Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, Kinetic Engineering has informed that the Company has received the In principal approval letter Ref: LOD/PREF/TT/FIP/1590/2024-25 dated 27th December, 2024 from BSE for the issue of 11,50,000 equity shares of Rs.187/- each to promoter category on a preferential basis. The company has enclosed a copy of the In-principle Approval of the BSE.
The above information is a part of company’s filings submitted to BSE.