Kaynes Technology India has planned to further invest an amount up to $8.8 million towards acquisition of equity shares up to 87,12,872 of its wholly owned subsidiary -- Kaynes Holding Pte (Kaynes Holding) at an issue price of $1.01 per share. The transaction is expected to be completed by July 31, 2025.
Kaynes Technology India is an end-to-end and IoT solutions enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and manufacturing (ESDM) services.