Kinetic Invests Rs 50 million More

15 Apr 2025 CW Team

Kinetic Engineering Limited (KEL) has invested Rs 50 mn in its wholly-owned subsidiary, Kinetic Watts and Volts Limited (KWVL), by subscribing to five mn equity shares at Rs 10 each, as per its recent filing with the Bombay Stock Exchange. This move raises KEL’s stake in KWVL from 61.63 per cent to 66.11 per cent, reinforcing its strategic ambitions in the automotive and mobility technologies space.

KWVL, incorporated in September 2022, has yet to generate revenue but is positioned to contribute to KEL’s future growth in the electric and advanced mobility domain. The investment, made in cash, is classified as a related party transaction executed at arm’s length, and does not require regulatory approvals.

KEL, founded in 1970 and based in Pune, has transitioned from two-wheeler manufacturing to producing transmission systems, engine components, and other critical automotive assemblies, operating from its facility in Ahmednagar, Maharashtra. Listed on the BSE, KEL continues to support expansion through such targeted investments in mobility-focused ventures like KWVL.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..