Announced Wed, 8 Oct · 10:21 IST

Proceedings of AGM - 30 September 2025

Related Party TransactionsResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Kinetic Engineering held its 54th AGM on 30 September 2025 via video conferencing, attended by 47 members. Shareholders approved the audited standalone and consolidated financial statements for FY ended 31 March 2025. They also approved the reappointment of Mr. Ajinkya Arun Firodia as director (retiring by rotation), regularisation of Mr. Shashikant Gulve as Non-Executive Non-Independent Director, reappointment of independent directors Mr. Jinendra Munot and Mr. Venkataiah Madipalli, appointment of M/s. Dinesh Birla & Associates as Secretarial Auditor, and material related party transactions with Kinetic Watts and Volts Limited. The filing was submitted late due to a technical glitch, as clarified to the exchange. Detailed voting results via scrutiniser were awaited.

Likely market impact

Routine procedural update with no material surprises; approval of related party transactions with Kinetic Watts and Volts Limited is the only business item requiring separate shareholder attention. Minor compliance delay noted but fully explained.