Page 3 - Kinetic Engineering News Today

Get latest articles and stories on Latest News at LatestLY. Kinetic Engineering Ltd on Tuesday said it will raise Rs 54 crore through preferential issue of shares to promoters and sale of non-core assets to cut debt and invest in new business and electric vehicle vertical. Latest News | Kinetic Engineering to Raise Rs 54 Crore from Promoters, Sale of Non-core Assets.

Kinetic Engineering Limited: The company Board has approved the raising of over INR 54 crore from various available sources including from promoters and sale of non-core assets.

Kinetic Green CEO talked about the re-birth of the Luna Moped as an electric vehicle, calling it

The original Kinetic Luna was priced at just Rs 2,000, fifty years ago and is estimated to have sold over a million units. Click here to read more about its electrified comeback.

Kinetic Engineering has developed all the major subassemblies for the E-Luna including the main chassis, main stand, side stand and swing arm

KEL said exactly 50 years ago, it had launched the Luna, then priced at Rs 2,000.

The company, in a regulatory filing, said, "Exactly 50 years ago, Kinetic Engineering Limited created automobile history by launching the Luna – priced at that time at Rs. 2000 which made it the most efficient, affordable, and convenient transportation solution for India."

Banking, capital goods, metal, oil and gas and IT stocks led the rally on Dalal Street today

Life for Kinetic Engineering Ltd, which had pioneered the iconic moped Luna, has reached a full circle as it commences production of chassis and other assemblies for the Electric Avatar of the Luna.

Samco Securities Limited, the stock broking arm of the Samco Group has appointed Ajay Dusane as the Chief Growth Officer (CGO) of the company. The SAMCO Group is a diversified wealth-tech company with stock broking, asset management, wealth managemen