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.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..