Brief: Kinetic Engineering To Issue 1.77 Bln Rupees Convertible Warrants
21/01/2025 11:59
Jan 21 (Reuters) - Kinetic Engineering Ltd KNTE.BO :
* TO ISSUE 1.77 BILLION RUPEES CONVERTIBLE WARRANTS
* PROMOTERS COMMIT TO INITIAL INVESTMENT OF 550 MILLION
RUPEES BY
MARCH 2025
* TARGETS 10 BILLION RUPEES REVENUE BY 2029
* PROMOTERS AIM TO INCREASE STAKE IN CO FROM 59% TO 70% BY
2027
Source text: ID:nBSEc5FkDj
Further company coverage: KNTE.BO
((Reuters.Briefs@thomsonreuters.com;;))
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Brief: Kinetic Engineering To Issue 1.77 Bln Rupees Convertible Warrants