Kinetic Engineering has made an investment in its subsidiary, Kinetic Watts and Volts (KWVL). The company has subscribed to 1 crore equity shares of KWVL, having a face value of Rs 10 each, at par, aggregating to Rs 10 crore. The said shares were allotted on September 16, 2026.
The investment in subsidiary company to carry out business in the field of Automobile. Post-allotment of the equity shares, the company holds 86.15% of the total paid-up share capital of Kinetic Watts and Volts.
Kinetic Engineering, the flagship company of Kinetic Group, is engaged in the manufacturing and supply of automotive components. The company leverages its technical and manufacturing strengths to build a robust auto component business across various verticals such as Transmission Vertical, Driveline Vertical and EV (2 W & 3W).
