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Kinetic Engineering Ltd. Capital/Financing Update 2026

Mar 11, 2026

60836_rns_2026-03-11_d8cf6eed-6fc9-439c-bfe7-7b67eeb152e4.pdf

Capital/Financing Update

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KEL:SH:SE

Date: 11 March, 2026

To

The Manager - Corporate Relationship Department BSE Limited, 1[st] Floor, Phiroze Jeejeebhoy Towers, Fort, Mumbai- 400 001 Maharashtra, India

Scrip Code: BSE-500240

Subject: Press Release

Dear Sir/Madam,

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of Press Release titled “Kinetic Engineering Secures ₹40 Crore Promoter Infusion to Accelerate EV and Component Growth”

Kindly take the above information on record.

Thanking you.

Yours faithfully,

For Kinetic Engineering Limited

Digitally signed by Chaitanya Mundra DN: c=IN, o=Personal, pseudonym=fe24a65a83ad4a169fdf655bc4e1430d, 2.5.4.20=0a69fc2e6b4f366b4f9f3aaf632a5c30fd3dc900 Chaitanya 4f4113ee6efccbdcd5db482f, postalCode=768201, st=Orissa, serialNumber=84305ab3c8129dea3fde8e633d832d7e0 d39b0ec0224902040acf6ed0c800da6, cn=Chaitanya Mundra Mundra Date: 2026.03.11 16:21:33 +05'30'


Chaitanya Mundra Company Secretary and Compliance Officer

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Registered Address: D1 Block, Plot No.18/2, Chinchwad, Pune Maharashtra India 411019

Factory Address: Kinetic Manufacturing Plant Nagar-Daund Road, Ahmednagar Maharashtra India 414001

Contact: +91 2066142049 Email ID: [email protected] Website: www.kineticindia.com CIN: L35912MH1970PLC014819

Kinetic Engineering Secures ₹40 Crore Promoter Infusion to Accelerate EV and Component Growth

  • Fresh capital to strengthen balance sheet and support expansion across EV and component businesses

  • Funds shall be utilized to support the overwhelming market response and accelerate the planned expansion of distribution for the newly launched Kinetic DX scooter.

  • Various capacity expansions and new businesses for auto component business

  • Promoter shareholding has increased to 65 percent from 49% 4 years ago, showcasing long term confidence in the company

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Pune, India, 11[th] March 2026: Kinetic Engineering Ltd. (KEL), the flagship company of the Kinetic Group and a pioneer in India’s automotive component industry, today announced that its promoter group has infused an additional ₹40 crore into the company, reaffirming its long-term commitment to Kinetic’s growth and strategic transformation.

The capital infusion is made through conversion of warrants, subject to necessary approvals and applicable regulatory provisions. Following the transaction, the promoter shareholding in the company has increased to 65 percent, reflecting deeper promoter participation in the company’s future.

The investment comes at a time when Kinetic Engineering is strengthening its presence across emerging mobility technologies, particularly in electric vehicle components, battery systems, and precision engineering solutions for global OEMs.

Kinetic Engineering has been steadily expanding its role in the evolving mobility ecosystem, supporting both traditional automotive programs and next-generation electric mobility platforms.

Ajinkya Firodia, Vice Chairman & Managing Director, Kinetic Engineering Ltd. said, “It is highly exciting time for us at Kinetic. The response to the scooter, Kinetic DX, launched by the subsidiary company is phenomenal. We are expanding nationwide and plan to appoint over 150 dealers this year. Meanwhile Kinetic Engineering’s component business is showing great potential and new orders. We will be using these funds for expansion of both projects as required and planned. This additional investment reflects the promoter group’s continued confidence in Kinetic Engineering and our long-term strategy. The automotive industry is undergoing a profound shift towards electric mobility, and we are building the capabilities needed to

participate meaningfully in this transition. Strengthening the company’s capital base allows us to accelerate investments in technology, manufacturing, and innovation as we prepare for the next phase of growth.”

The promoter infusion also reinforces the Kinetic Group’s broader vision of building a strong EV ecosystem through initiatives spanning electric vehicles, battery technology, and advanced automotive components.

Kinetic Engineering Ltd., which recently completed over five decades of manufacturing excellence, continues to serve leading global and domestic OEMs while expanding capabilities aligned with India’s rapidly evolving mobility landscape.

Its subsidiary, Kinetic Watts and Volts, in which KEL owns 80 percent, recently launched the legendary Kinetic DX in the electric version. The Kinetic DX EV boasts of several first-in-segment ‘EASY’ features patented by Kinetic, including Easy Charge™, Easy FLIP™ & Easy key™. It comes with a strong metal body and has 37litres of under-seat storage, which is also class-leading. The DX EV is powered by the Range-X LFP battery, which is long-lasting and safer compared to NMC batteries.

Kinetic Watts and Volts has commenced its sales and service operations in Pune, Mumbai, Vadodara, Surat, Indore and Delhi NCR; and plans to take this scooter national in the growing EV market.

About Kinetic Engineering Limited

Kinetic Engineering Limited (KEL), the flagship entity of the Kinetic Group, has been at the forefront of India’s automotive manufacturing sector for over five decades. The company operates one of India’s most enduring and large-scale component facilities in Ahilyanagar, supported by an advanced technology and engineering base. KEL supplies to leading OEMs including Tata Motors, Mahindra & Mahindra, Ashok Leyland, Renault, American Axle, Magna Powertrain, and Sonalika Tractors, among others. The company’s corporate office is located in Chinchwad, Pune. Kinetic Watts and Volts is a subsidiary of KEL. Kinetic Engineering Limited is listed on the Bombay Stock Exchange (BSE: 500240).