Kinetic Engineering Ltd. — Capital/Financing Update 2026

Feb 23, 2026

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KEL:SH:SE:

Date: 23 February, 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: Investment in Subsidiary Company – Kinetic Watts and Volts Limited.

Dear Sir/Madam,

Pursuant to the provision of Regulation 30 of SEBI (LODR) Regulations, 2015 read with applicable SEBI Circular, the following investment made by the company in its Subsidiary Company – Kinetic Watts and Volts Limited. The detailed disclosure is enclosed in Annexure A.

This is for your information please.

Thanking you.

Yours faithfully,

For Kinetic Engineering Limited

Digitally signed by Chaitanya Mundra DN: c=IN, o=Personal, Chaitanya pseudonym=fe24a65a83ad4a169fdf655bc4e1430d, 2.5.4.20=0a69fc2e6b4f366b4f9f3aaf632a5c30fd3dc9004f411 3ee6efccbdcd5db482f, postalCode=768201, st=Orissa, serialNumber=84305ab3c8129dea3fde8e633d832d7e0d39b Mundra 0ec0224902040acf6ed0c800da6, cn=Chaitanya Mundra Date: 2026.02.23 15:38:20 +05'30'

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Chaitanya Mundra Company Secretary & Compliance Officer

Encl: as above

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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: kelinvestors@kineticindia.com Website: www.kineticindia.com CIN: L35912MH1970PLC014819

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Annexure A

Name of the target entity, details in brief such as size, turnover etc.;		Kinetic Watts and Volts Limited Authorized Capital INR 75,00,00,000/- (Rupees Seventy Five Crore Only). Paid up Capital INR 74,83,60,000/- (Rupees Seventy Four Crore Eighty Three Lakh Sixty Thousand)
Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms length”;		Kinetic Watts and Volts Limited being a subsidiary is a related party of the company. The transaction falls within the ambit of related party transactions and is at arms’ length. The company subscribed 30,00,000 equity shares at the rate of INR 10/- each amounting to INR 3,00,00,000/- (Rupees Three Crore) Date of Allotment Number of Shares 23/02/2026 30,00,000 Pre Shareholding Post Shareholding No. of Shares % of Shareholding No. of Shares % of Shareholding 5,73,20,000 79.79 6,03,20,000 80.60 Save and except what is mentioned above, the Promoter/ promoter group/group companies are not interested in the transaction.
Industry to which the entity being acquired belongs;		Automobile
Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);		The investment in subsidiary company to carry out business in the field of Automobile.
Brief details of any governmental or regulatory approvals required for the acquisition;		Not Applicable
Indicative time period for completion of the acquisition;		Not Applicable

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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: kelinvestors@kineticindia.com Website: www.kineticindia.com CIN: L35912MH1970PLC014819

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Nature of consideration - whether cash consideration or share swap and details of the same;	Cash Consideration
Cost of acquisition or the price at which the shares are acquired;	INR 3,00,00,000/- (Rupees Three Crore) comprising of 30,00,000 equity shares of INR 10/- (Indian Rupees Ten) each, at par.
Percentage of shareholding / control acquired and / or number of shares acquired;	Post allotment of equity shares Kinetic Engineering Ltd. holds 80.60% of total paid up share capital of Kinetic Watts and Volts Limited.
Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)	KWVL was incorporated under the Companies Act, 2013 on 27thSeptember 2022 as a subsidiary of the Company. The turnover of KWVL = Nil

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Registered Address: Factory Address: D1 Block, Plot No.18/2, Kinetic Manufacturing Plant Chinchwad, Pune Nagar-Daund Road, Ahmednagar Maharashtra India 411019 Maharashtra India 414001

Contact: +91 2066142049 Email ID: kelinvestors@kineticindia.com Website: www.kineticindia.com CIN: L35912MH1970PLC014819