Kinetic Engineering Limited (KEL), the flagship entity of the Kinetic Group and a long-standing player in India’s automotive component sector, has announced an additional capital infusion of ₹40 crore from its promoter group. The move reinforces the promoters’ long-term commitment to supporting the company’s growth and ongoing strategic transformation.
The investment has been executed through the conversion of warrants, subject to necessary approvals and applicable regulatory requirements. Following the completion of this transaction, promoter shareholding in the company has increased to approximately 65 percent, indicating stronger promoter participation and confidence in Kinetic Engineering’s future direction.
The investment comes at a time when Kinetic Engineering is strengthening its presence across emerging mobility technologies, particularly in electric vehicle components, battery systems, and precision engineering solutions for global OEMs.
Kinetic Engineering has been steadily expanding its role in the evolving mobility ecosystem, supporting both traditional automotive programs and next-generation electric mobility platforms.
Ajinkya Firodia, Vice Chairman & Managing Director, Kinetic Engineering Ltd. said, “It is highly exciting time for us at Kinetic. The response to the scooter, Kinetic DX, launched by the subsidiary company is phenomenal. We are expanding nationwide and plan to appoint over 150 dealers this year. Meanwhile Kinetic Engineering’s component business is showing great potential and new orders. We will be using these funds for expansion of both projects as required and planned. This additional investment reflects the promoter group’s continued confidence in Kinetic Engineering and our long-term strategy. The automotive industry is undergoing a profound shift towards electric mobility, and we are building the capabilities needed to participate meaningfully in this transition. Strengthening the company’s capital base allows us to accelerate investments in technology, manufacturing, and innovation as we prepare for the next phase of growth.”
The promoter infusion also reinforces the Kinetic Group’s broader vision of building a strong EV ecosystem through initiatives spanning electric vehicles, battery technology, and advanced automotive components.
Kinetic Engineering Ltd., which recently completed over five decades of manufacturing excellence, continues to serve leading global and domestic OEMs while expanding capabilities aligned with India’s rapidly evolving mobility landscape.
Its subsidiary, Kinetic Watts and Volts, in which KEL owns 80percent, recently launched the legendary Kinetic DX in the electric version. The Kinetic DX EV boasts of several first-in-segment ‘EASY’ features patented by Kinetic, including Easy Charge™, Easy FLIP™ & Easy key™. It comes with a strong metal body and has 37-litres of under-seat storage, which is also class-leading. The DX EV is powered by the Range-X LFP battery, which is long-lasting and safer compared to NMC batteries.
Kinetic Watts and Volts has commenced its sales and service operations in Pune, Mumbai, Vadodara, Surat, Indore and Delhi NCR; and plans to take this scooter national in the growing EV market.
