Kinetic Engineering Ltd. — Major Shareholding Notification 2025

Apr 7, 2025

Ashoka Investment Holdings Limited

6[th] Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauri�us Tel: (230) 467 3000 Fax: (230) 467 4000

Ref: DR/VV/STN

(Please quote our reference in your reply)

By email

4 April 2025

The Secretary – Bombay Stock Exchange Limited Kine�c Engineering Ltd.

1st Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai, D1 Block, Plot No. 18/2, Chinchwad, Pune Maharashtra, India 400 001 Maharashtra, India 411 019 E-mail: corp.rela�ons@bseindia.com E-mail: kelinvestors@kine�cindia.com

Scrip Code – 500240

Subject: Disclosure under Regula�on 29(2) of the SEBI (Substan�al Acquisi�on of Shares and Takeover) Regula�ons, 2011.

Dear Sir / Madam

In compliance with Regula�on 29(2) of the SEBI (Substan�al Acquisi�on of Shares and Takeover) Regula�ons, 2011, we, Ashoka Investment Holdings Limited (“the Seller”), hereby no�fy you that we have sold an aggregate of 484,916 equity shares of face value of INR 10/- (Indian Rupees Ten only) each held by us in Kine�c Engineering Limited (“ Company ”), represen�ng approximately 2.0713% of the issued and paid-up equity share capital of the Company in mul�ple tranches, with the first being on August 19, 2024, and the last being on April 3, 2025.

Acquisi�on of Shares and Takeover) Regula�ons, 2011.

You are requested to take note of the above.

Yours faithfully

For Ashoka Investment Holdings Limited

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Dilshaad Rajabalee

Director

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Disclosure_29(2) SAST Regula�ons, 2011.docx

Format for disclosures under Regula�ons 29(2) of SEBI (Substan�al Acquisi�on of Shares and Takeovers) Regula�ons, 2011

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Name of the Target Company (TC) Kine�c Engineering Ltd.
Name(s) of the acquirer / seller and Persons Ashoka Investment Holdings Limited (Seller)
Ac�ng in Concert (PAC) with the acquirer / seller
Whether the acquirer / seller belongs to the No, the Seller is not the Promoter nor does it
Promoter/Promoter group belong to the Promoter group.
Name(s) of the Stock Exchange(s) where the BSE Limited (BSE)
shares of TC are Listed
Details of the acquisi�on / disposal as follows: Number % w.r.t. total % w.r.t. total
share/vo�ng diluted
capital share/vo�ng
wherever capital of the
applicable () TC ()
Before the the acquisi�on / disposal under considera�on, holding of :
(a) Shares carrying vo�ng rights 1,750,452 7.4770% 5.5397%
(b) Shares in the nature of encumbrance - - -
(pledge/ lien/ non-disposal undertaking/
others)
(c) Vo�ng rights (VR) otherwise than by shares - - -
(d) Warrants/ conver�ble securi�es/ any other - - -
instrument that en�tles the acquirer to
receive shares carrying vo�ng rights in the
TC (specify holding in each category)
(e) Total (a+b+c+d) 1,750,452 7.4770% 5.5397%
Details of acquisi�on / sale [1]
(a) Shares carrying vo�ng rights acquired / sold 484,916 2.0713% 1.5346%
(b) VR acquired / sold otherwise than by shares - - -
(c) Warrants/ conver�ble securi�es/ any other - - -
instrument that en�tles the acquirer to
receive shares carrying vo�ng rights in the
TC (specify holding in each category)
acquired / sold
(d) Shares encumbered / invoked / released by - - -
the acquirer / seller
(e) Total (a+b+c+d) 484,916 2.0713% 1.5346%
A�er the acquisi�on / sale, holding of:
(a) Shares carrying vo�ng rights 1,265,536 5.4057% 4.0050%
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1 Note: The Seller sold 484,916 equity shares of the TC through multiple tranches, and the last transaction which triggered the disclosure obligations under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was on April 3, 2025.

\MUPRVSFLS01.sannetrust.com\IFSFILE$\Client\OP11-Wendy\GBC1\Ashoka\SECTN06\2025\SEBI (SAST) regula�ons_BSE and Kine�c Engineering\Ashoka

Disclosure_29(2) SAST Regula�ons, 2011.docx

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(b) Shares encumbered with the acquirer / - - -
seller
(c) VRs otherwise than by equity shares - - -
(d) Warrants/ conver�ble securi�es/ any other - - -
instrument that en�tles the acquirer to
receive shares carrying vo�ng rights in the
TC (specify holding in each category) a�er
acquisi�on / sale
(e) Total (a+b+c+d) 1,265,536 5.4057% 4.0050%
Mode of acquisi�on / sale (e.g. open market / Open market
off-market / public issue / rights issue /
preferen�al allotment / inter-se transfer etc).
Date of acquisi�on / sale of shares / VR or date Sale of equity shares on open market through
of receipt of in�ma�on of allotment of shares, mul�ple tranches between August 19, 2024, and
whichever is applicable April 3, 2025, which triggered the disclosure
requirement as the aggregate percentage of
shares sold exceeded the threshold of 2%.
Equity share capital / total vo�ng capital of the 2,34,11,091 Equity Shares
TC before the said acquisi�on / sale
Equity share capital/ total vo�ng capital of the TC 2,34,11,091 Equity Shares
a�er the said acquisi�on / sale
Total diluted share/vo�ng capital of the TC a�er 31,598,225 Equity Shares
the said acquisi�on / sale
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(*) Total share capital/ vo�ng capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the lis�ng Agreement.

(**) Diluted share/vo�ng capital means the total number of shares in the TC assuming full conversion of the outstanding conver�ble securi�es/warrants into equity shares of the TC.

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Dilshaad Rajabalee Director

Place: Mauri�us Date: 4 April 2025

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\MUPRVSFLS01.sannetrust.com\IFSFILE$\Client\OP11-Wendy\GBC1\Ashoka\SECTN06\2025\SEBI (SAST) regula�ons_BSE and Kine�c Engineering\Ashoka Disclosure_29(2) SAST Regula�ons, 2011.docx

04/04/2025