ALFA Filings
Every announcement, straight from the exchange
Every Kinetic Engineering capital structure change announcement on NSE and BSE, newest first, each with its own page.
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Kinetic Engineering's promoter, Micro Age Instruments, acquired 23,00,000 equity shares via warrant conversion, increasing their stake from 20.52% to 24.94%.
Kinetic Engineering completed the last tranche of warrant conversion to its promoters, raising ₹57 Crore. The funds will fund driveline export capex and electric two-wheeler subsidiary expansion.
Kinetic Engineering board approved conversion of 44,51,000 warrants into equity shares at ₹171 each, aggregating ₹76.11 Crore. Warrants held by Promoter Group entities.
Kinetic Engineering subscribed ₹10 Crore for 1 crore equity shares in its EV subsidiary KWVL at par. Post-allotment stake rose to 86.15%.
Kinetic Engineering converted 3.1 million warrants into equity shares. The listing and trading approval for these shares has been received.
Kinetic Engineering received BSE trading approval for 31,00,000 equity shares issued to promoters upon conversion of warrants, valued at Rs. 53.01 Crore.