Kinetic Engineering Limited received its Monitoring Agency Report for the quarter ended June 30, 2026, concerning its preferential issue.

The report confirms no deviation from the stated objectives for the Rs. 166.84 Cr funds raised.

The company has utilized Rs. 10 Cr during the quarter for investment in its subsidiary, Kinetic Watts and Volts Limited, and Rs. 3.06 Cr for working capital.

Total utilization stands at Rs. 87.55 Cr, with Rs. 14.05 Cr unutilized funds held in fixed deposits.

This update assures investors that funds are being deployed as planned, supporting strategic growth and operational needs.