Kinetic Engineering Ltd. — Share Issue/Capital Change 2026

Mar 11, 2026

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KEL:SH:SE:

Date: 11[th] 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: Allotment of 31,00,000 equity shares to Promoter 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 11/03/2026 passed the resolution for allotment of 31,00,000 (Thirty One Lakhs) 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 Arun Hastimal Firodia, Jayashree Firodia Trust and Arun Firodia Trust (Promoter Group) upon conversion of warrants in compliance with the applicable provisions of the Companies Act, 2013 and SEBI (ICDR) Regulations 2018. (Detail disclosure is provided in Annexure A)

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

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, Chaitany pseudonym=fe24a65a83ad4a169fdf655bc4e1430d, 2.5.4.20=0a69fc2e6b4f366b4f9f3aaf632a5c30fd3dc9004f4113ee6efccbdcd5db482f, postalCode=768201, st=Orissa, serialNumber=84305ab3c8129dea3fde8e633d832d7 e0d39b0ec0224902040acf6ed0c800da6, a Mundra cn=Chaitanya Mundra Date: 2026.03.11 16:19:30 +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 Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular no. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.

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 31,00,000 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. 39,75,75,000/- (Rupees Thirty Nine Crore Seventy Five Lakh Seventy Five Thousand Only)
Additional information in case of preferential issue:
4.	Name of the Investors		Name - Arun Hastimal Firodia, 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
			Arun Hastimal Firodia	32,963	1,50,000	1,82,963
			Jayashree Firodia Trust	17,05,058	15,50,000	32,55,058
			Arun Firodia Trust	5,72,800	14,00,000	19,72,800
			The number of Investor is 3 (Three).
6.	In case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument		Exercise of 31,00,000 convertible warrants into 31,00,000 fully paid up Equity Shares of Rs.10/- each.

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 dated 11/03/2026	No. of Equity Shares allotted dated 29/03/2025	No. of Warrants pending for conversion
Arun Hastimal Firodia	11,50,000	1,50,000	1,50,000	-	10,00,000
Jayashree Firodia Trust	41,70,057	15,50,000	15,50,000	5,96,791	20,23,266
Arun Firodia Trust	38,22,800	14,00,000	14,00,000	5,72,800	18,50,000

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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