Kinetic Engineering Ltd. — Major Shareholding Notification 2022

Aug 12, 2022

AJINKYA ARUN FIRODIA 20 SWAAGAT, OFF SENAPATI BAPAT ROAD PANKUWAR FIRODIA PATH, PUNE- 411016.

To,

Date: 12 August 2022

The Manager-Corporate Relations Department BSE Limited 1[st] Floor, P J Towers Fort, Mumbai- 400 001.

BSE Scrip Code: 500240. Company Name: Kinetic Engineering Limited.

Subject: Disclosure under Regulation 29 (2) read with Regulation 29 (3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 regarding acquisition of 2,93,569 equity shares of Kinetic Engineering Limited .

In compliance with the disclosure requirements under Regulation 29(2) read with Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended, please find enclosed herewith a disclosure in the prescribed format in relation to acquisition of 2,93,569 fully paid up equity shares of Rs 10 each of Kinetic Engineering Limited pursuant to a preferential allotment by Kinetic Engineering Limited to the undersigned on 12 August, 2022

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ANNEXURE – 2 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC)	Name of the Target Company (TC)	Name of the Target Company (TC)	Kinetic Engineering Limited	Kinetic Engineering Limited	Kinetic Engineering Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer			Ajinkya Arun Firodia (Hereinafter the “Acquirer”) Person Acting in Concert with the Acquirer: 1) Arun H Firodia 2) Jayashree Arun Firodia 3) Sulajja Firodia Motwani 4) Micro Age Instruments Pvt Ltd
Whether the acquirer belongs to Promoter/Promoter group			Yes
Name(s) of the Stock Exchange(s) where the shares of TC are Listed			BSE Limited
Details of the acquisition / disposal as follows			Number	% w.r.t.total share/voting capital wherever applicable(*)	% w.r.t. total diluted share/voting capital of the TC (**)
	Before the acquisition under consideration, holding of Acquirer and PAC: a) Shares carrying voting rights ~~b) Shares in the nature of encumbrance (pledge/ lien/~~ ~~non-disposal undertaking/ others)~~ ~~c) Voting rights (VR) otherwise than by shares~~ ~~d) Warrants/convertible securities/any other instrument~~ ~~that entitles the acquirer to receive shares carrying~~ ~~voting rights in the T C (specify holding in each~~ ~~category)~~ e) Total (a+b+c+d)		9694806 9694806	51.83% 51.83%	51.83% 51.83%
	~~)~~
	~~c ~~ ~~d)~~
	e)
	a) ~~b)~~	Details of acquisition/~~sale~~by the Acquirer Shares carrying voting rights acquired~~/sold~~ ~~VRs acquired /sold otherwise than by shares~~ ~~Warrants/convertible securities/any other instrument~~ ~~that entitles the acquirer to receive shares carrying~~ ~~voting rights in the TC (specify holding in each~~ ~~category) acquired/sold~~ ~~Shares encumbered / invoked/released by the acquirer~~ Total (a+b+c+/-d)	293569 293569	0.74% 0.74%	0.74% 0.74%
	~~)~~
	~~c ~~ ~~d)~~
	e)

	After the acquisitio~~n/sale,~~holding of Acquirer and PAC: a) Shares carrying voting rights ~~b) Shares encumbered with the acquirer~~ ~~c) VRs otherwise than by shares~~ ~~d) Warrants/convertible securities/any other instrument~~ ~~that entitles the acquirer to receive shares carrying~~ ~~voting rights in the TC (specify holding in each~~ ~~category) after acquisition~~ e) Total (a+b+c+d)	9988375 9694806	52.57% 52.57%	52.57% 52.57%
	~~)~~
	~~c ~~ ~~d)~~
	e)
Mode of acquisition / sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc).		Preferential Allotment
Date of acquisition /~~sale of shares~~/ VR or date of receipt of intimation of allotment of shares, whichever is applicable		12thAugust, 2022
Equity share capital / total voting capital of the TC before the said acquisition / sale		1,87,03,621 equity shares
Equity share capital/ total voting capital of the TC after the said acquisition /~~sale~~		1,89,97,190 equity shares
Total diluted share/voting capital of the TC after the said acquisition		1,89,97,190 equity shares

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

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Signature of the acquirer / ~~seller~~ / ~~Authorised Signatory~~

Place: Pune

Date: 12[th] August, 2022

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