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India

Kinetic Engineering, India Invests INR 570 million in EV two-wheeler and driveline expansion

On September 24, Kinetic Engineering Limited will invest approximately INR 570 million to expand its driveline and electric two-wheeler businesses. The investment represents the final tranche from the conversion of 4.45 million warrants issued to promoters in March 2025.
Around INR 170 million will fund new driveline....

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