Kinetic Engineering Invests ₹5 Crore in Subsidiary to Boost Automotive Strategy

Kinetic_Engineering_Invests_in_EV_Subsidiary
Image Courtesy: Kinetic Engineering

Kinetic Engineering Limited (KEL) has invested ₹5 crore in its subsidiary, Kinetic Watts and Volts Limited (KWVL), reinforcing its commitment to growth within the automotive sector. According to a regulatory filing submitted to the Bombay Stock Exchange (BSE), KEL acquired 50,00,000 equity shares of KWVL at ₹10 per share on April 9, 2025. Following this investment, KEL’s ownership in the subsidiary has increased from 61.63% to 66.11%.

KWVL, incorporated on September 27, 2022, under the Companies Act, 2013, is focused on the automotive space. Though it has yet to report any turnover, it is positioned to support KEL’s broader strategic ambitions in the evolving mobility landscape.

KEL confirmed that the share acquisition qualifies as a related party transaction, but emphasized that it was conducted at fair market terms. The total authorized capital of KWVL stands at ₹50 crore, with a paid-up capital of ₹42.83 crore. The transaction was carried out in cash and does not require additional regulatory clearance. The company stated that this step is aligned with its long-term business vision and future-focused initiatives in the automotive and mobility sectors.

Kinetic Engineering Limited, based in Pune, Maharashtra, has been part of India’s automotive industry since 1970. Over the decades, it has evolved from manufacturing mopeds and two-wheelers to supplying key components and assemblies for vehicles. The company’s operations now span engineering, production, and innovation for both domestic and global markets.

KEL’s product portfolio includes transmission systems, engine components, and other essential automotive assemblies. Its manufacturing unit is located in Ahmednagar, Maharashtra. Listed on the BSE, KEL continues to pursue strategic investments and collaborations to support growth and innovation in transportation and engineering.

Kinetic Watts and Volts Limited, the subsidiary receiving the latest investment, aims to explore and develop opportunities in advanced mobility technologies. Still in the early stages, KWVL is expected to play a role in KEL’s future plans as it expands its presence in the evolving automotive space.