Kinetic Engineering Ltd (KEL), a key player in India's automotive components business, plans to issue convertible warrants worth INR 1.77 billion with an 18-month conversion term as part of a strategic move proposed by its promoters. With the consent of SEBI and shareholders, the promoters have pledged to spend INR 550 million by March 2025, which comprises 25 percent of the warrant subscription amount for further investments. A total of INR 171 million has also been subscribed for by outside investors in warrants; Transaction Square LLP and Sai Geeta Penumetsa are two significant contributors.

A phased commitment of INR 600 million by March 2025, INR 440 million by March 2026, and INR 730 million by March 2027 is outlined in the investment plan. With the help of this strategic plan, Kinetic Engineering Ltd. (KEL) hopes to surpass its present sales of INR 1.5 billion and reach its ambitious revenue objective of INR 10 billion by 2029. Additionally, it supports the promoters' goal of raising their ownership of the business from 59 percent to 70 percent by 2027.

The promoters' share has increased gradually since 2017, rising from 49 percent to 70 percent, representing a 21 percent total gain. By July 2027, the promoters will have received about INR 9.36 million in additional shares as part of this plan, increasing their overall holdings to 22.6 million shares and the company's total outstanding shares to 32.6 million. Along with family-owned trusts, the Arun Firodia Trust and the Jayashree Firodia Trust, the investment is led by Arun Firodia, the company's founder and chairman.

The promoters' faith in KEL's long-term plan is demonstrated by this capital injection and the sale of strategic warrants, which position the business to take advantage of new possibilities in the changing mobility market. The investment will be used to improve production capacities, boost working capital, and stimulate product development innovation, especially in high-growth sectors like electric vehicle (EV) components.

Ajinkya Firodia, Vice Chairman, Kinetic Group, said, “Kinetic Engineering Limited has over 50 years of experience in manufacturing. It has successfully transformed into an auto components business and enjoys strong relationships with the world’s largest OEMs. Leveraging these long-standing partnerships, we expect to finalise significant business deals shortly. Additionally, we are heavily focused on the EV segment, with plans for our subsidiary, Kinetic Watts & Volts, nearing finalisation. These initiatives will drive an 8x to 10x revenue growth, and we are pleased to make this investment to meet the required capital expenditure, working capital and growth initiatives. This infusion of capital from the promoters reinforces our growth blueprint, enabling us to take bold strides toward achieving our INR 10 billion revenue milestone. We are committed to using this investment to fuel innovation, improve operational efficiencies and meet the evolving demands of the automotive and EV industries. This capital infusion empowers us to accelerate our transformation journey, explore new business verticals and unlock greater value for our stakeholders. The time for Kinetic to reinvent, grow and scale up has arrived. Our priority is to build a future-ready organisation that anticipates market shifts and responds proactively.”

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BorgWarner has secured three conquest business contracts with a powertrain technology manufacturer to supply turbocharging systems for light-vehicle petrol platforms across South America and Europe.

The agreements cover the supply of one variable turbine geometry (VTG) turbocharger unit and two wastegate turbocharger variants, with series production scheduled to commence in 2027.

The VTG turbocharger system is engineered for Miller-cycle gasoline engines operating at exhaust gas temperatures up to 1050deg Celsius, providing boost pressure control and efficiency across operational speed ranges.

BorgWarner's wastegate turbocharger technology features scalable compressor and turbine stages designed with single-scroll, twin-scroll, or dual-volute turbine configurations. The wastegate units incorporate pneumatic or electric actuation options alongside integrated compressor recirculation valves to support fuel economy requirements and emissions compliance.

Dr. Volker Weng, Vice-President of BorgWarner Inc. and President and General Manager of Turbos and Thermal Technologies, said, "We value our longstanding relationship with this global leader in powertrain technology and the opportunity to support its evolving business and broader commodity strategy. These contracts reflect the trust we have established with the customer and the strength of our offerings, including competitive solutions and deep technical expertise. We look forward to continuing to support the customer with innovations that deliver lasting value."

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German tier-1 supplier ZF has developed the High Revolution Drive, a 3-in-1 electric drive system capable of reaching rotational speeds of up to 30,000 rpm. Designed as a variant of the company's modular SELECT platform, the unit integrates an electric motor, power electronics and a two-stage spur gear transmission with a reduction ratio of approximately 18:1. The system delivers a peak power output of 200 kW and peak wheel torque of 3,500 Nm.

Compared to a conventional SELECT drive operating at 18,000 rpm, the High Revolution Drive reduces overall installation space and weight by nearly 25 percent, while reducing required magnet mass by 50 percent. The architecture is scalable across power outputs ranging from 150 kW to 200 kW for 400-volt and 800-volt vehicle platforms, achieving a system efficiency of nearly 93 per cent. ZF is engaging with vehicle manufacturers regarding deployment, with volume production targeted for 2030.

Thomas Meiser, Head of the E-Mobility Business Unit, ZF, said, "The High Revolution Drive draws on ZF s full systems expertise. Rather than optimising individual components in isolation, we systematically coordinate the electric motor, power electronics and transmission. Robustness and low noise and vibration levels were stringent development targets from the outset. To achieve this, we considered the electric motor, gearing, bearings and tooth geometry as an integrated system. For the configuration presented, 30,000 rpm is the economic and technical sweet spot. With SELECT, we do not have to start from scratch for every new drive variant. We use our modular system to tailor new concepts to different customer requirements."

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Tenneco Clean Air India has reported its financial results for the Q2 FY2027 and H1 FY2027, recording a 32.2 percent YoY increase in value-added revenue to INR 152.29 billion for Q2 FY2027. Revenue from operations rose 34.2 percent to INR 171.83 billion during the quarter.

Quarterly earnings before interest, tax, depreciation, and amortisation (EBITDA) grew 20.7 percent to INR 26.16 million, delivering an EBITDA margin of 17.2 percent on value-added revenue. Profit after tax increased 15 percent YoY to INR 17.34 billion.

For the first half of FY27, value-added revenue reached INR 290.44 billion, up 25.3 percent, while total revenue from operations reached INR 326.31 billion. The company announced plans to establish a new Clean Air manufacturing facility in western India with a capital expenditure of approximately INR 450 million to support its total order book, which stands at around INR 1,650 billion.

Arvind Chandra, Whole-Time Director and CEO, Tenneco India, said, "Our strong momentum continued through Q2 and H1 FY’27, driven by overall market growth, market share gains and disciplined execution across the business. During the period, we continued to deepen customer relationships and expand our technology footprint. In ART, we secured multiple platform wins across domestic and international OEMs, entered a new passenger vehicle whitespace, expanded engagement with leading OEMs, and advanced our portfolio through successful commercialization and localization initiatives. In CA and PT, we strengthened our order pipeline through key wins across commercial vehicle, CNG, and spark plug applications."

"Our growing competitive strength is reflected in continued order book providing revenue visibility exceeding 100% of our FY’30 target revenues, underpinning a healthy double-digit CAGR trajectory. To support future growth, we continue to invest in capacity expansion, localization, and innovation, including a new West India Clean Air manufacturing facility. Supported by a robust order book, increasing domestic and export penetration, technology-led customer wins, and strategic investments, we remain well positioned to sustain above-market growth and drive superior shareholder returns over the long term," added Chandra.

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SMK Helmets is marking its international expansion at EICMA 2026, supported by distribution operations across more than 70 countries alongside dedicated regional headquarters in Europe and the United States.

The company highlighted its European division, SMK Europe, established in Reggio Emilia, Italy, in May 2026 under the leadership of Chief Executive Officer Matteo Schieppati, alongside its North American arm, Bikerz US, based in Fort Wayne, Indiana.

At the event, SMK unveiled two racing helmets, the Stratos and the Allterra Carbon, alongside Konnect, its first in-house Bluetooth communication system and Cygnus, its first flip-back helmet model.

Matteo Schieppati, CEO, SMK Helmets Europe, said, "The establishment of SMK HELMETS EUROPE is a significant move to strengthen our global presence. This strategic expansion is designed to provide dedicated commercial and logistical support to dealers and distributors across Europe, while establishing a permanent footprint in the region to optimise product and communication strategies. The new European division will serve as a hub for accelerating regional growth, ensuring streamlined supply chain operations, and delivering enhanced customer service to the company's growing network of partners. Europe is a highly demanding market with a deep appreciation for premium quality and uncompromised safety standards. This footprint allows us to align our product innovation and marketing strategies directly with the expectations of European consumers. With this expansion, SMK reinforces its commitment to global excellence, bringing its innovative helmet technology and manufacturing expertise closer to one of the world's most dynamic motorcycling communities."

Shilpa Arora, Global Head of Sales, SMK Helmets, said, "SMK is gaining market share in every market in which it operates, and riders are starting to link our name with safety, excellence and distinctive design. That doesn't happen alone. Our distributors, dealers, riders and teams are one SMK family, and with our own presence in Europe and the US, we are closer to that family than ever. What we're showing at EICMA is just the beginning."

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