Kinetic Engineering Ltd. — Share Issue/Capital Change 2025

Mar 29, 2025

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KEL:SH:SE:

Date: 29[th] March, 2025

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: Allotment of 11,69,591 equity shares to Promotor Group upon conversion of Warrants.

Dear Sir/Madam,

This is to inform you that the Board of Directors of the Company in their meeting held on 29/03/2025 passed the resolution for allotment of 11,69,591 (Eleven Lakhs Sixty Nine Thousand Five Hundred Ninety One) equity shares of face value of Rs.10/- (Rupees Ten Only) each at a premium of Rs.161/(Rupees One Hundred Sixty One Only) per share to Jayashree Firodia Trust and Arun Firodia Trust (Promotor Group) upon conversion of warrants in compliance with the applicable provisions of the Companies Act, 2013 and SEBI (ICDR) Regulations 2018. (Detail disclosure refer Annexure A)

The Board Meeting commenced at 04:00 P.M. and concluded at 04:12 P.M.

Kindly take the same on your records.

Thanking you.

Yours faithfully,

For Kinetic Engineering Limited

Chaitany Digitally signed by Chaitanya Mundra a Mundra Date: 2025.03.29 16:16:36 +05'30'

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

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ANNEXURE A – ISSUANCE OF EQUITY SHARES ON CONVERSION OF WARRANTS

Disclosure of Event and Information pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI circular SEBI/HO/CFD/PoD‐ 2/CIR/P/0155 dated November 11, 2024.

S. No.	Particulars	Disclosures	Disclosures	Disclosures	Disclosures	Disclosures
1.	Type of securities proposed to be Issued	Equity Shares pursuant to conversion of Warrants
2.	Type of issuance	Preferential Allotment
3.	Total number of securities proposed to be issued or total amount for which the securities will be issued	Allotment of 11,69,591 Equity Shares at an issue price of Rs.10/- each upon conversion for equal number of warrants allotted at an issue price of Rs.171/- each aggregating to Rs.20,00,00,061/- (Rupees Twenty Crore Sixty One Only)
Additional information in case of preferential issue:
4.	Name of the Investors		Name - Jayashree Firodia Trust and Arun Firodia Trust.
5.	Post allotment of securities – outcome of the subscription, issue price / allotted price (in case of convertibles), number of investor		Name of the Allottee(s)	Pre Issue Equity holding	No. of Shares allotted upon conversion of Warrants	Post issue Equity holding after exercise of Warrants
				No. of shares		No. of shares
			Jayashree Firodia Trust	11,08,267	5,96,791	17,05,058
			Arun Firodia Trust	Nil	5,72,800	5,72,800
			The number of Investor is 2 (Two).
6.	In case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument		Exercise of 11,69,591 convertible warrants into Equity Shares of Rs.10/- each.			11,69,591 fully paid up

The name of the allottees of Equity Shares pursuant to Conversion of Warrants

Name of Allottees	No. of Warrants allotted	No. of Warrants applied for conversion	No of Equity Shares allotted	No of Warrants pending for conversion
Jayashree Firodia Trust	41,70,057	5,96,791	5,96,791	35,73,266
Arun Firodia Trust	38,22,800	5,72,800	5,72,800	32,50,000

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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