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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Chennai-headquartered JK Fenner (India), part of JK Group, recently marked its 70th anniversary on 2^nd September 2025, celebrating decades of innovation and growth.

The event was attended by Udhayanidhi Stalin, the Deputy Chief Minister of Tamil Nadu, as the Chief Guest, Vikrampati Singhania, MD, JK Fenner, also attended, along with customers and guests.

Founded in 1955, JK Organisation took over Fenner in 1987. Since then, JK Fenner has grown from a manufacturer of V-belts to a provider of belt, sealing and fluid transmission solutions. At present, JK Fenner operates nine plants, with five in Tamil Nadu. The company has investments in the state and renewable energy assets of 9.75 MW. Its R&D centres and a team of over 120 specialists support OEMs.

Udhayanidhi Stalin, said, “I congratulate JK Fenner India for its glorious journey over these seven decades. With contributions from companies like JK Fenner (India) Limited, Tamil Nadu has built a strong industrial base. Today, our state’s growth rate has soared to 11.19 percent. The company has supported, more than 10 lakh people, under its Corporate Social Responsibility (CSR) programmes. I assure you that the Tamil Nadu Government will always support local companies in expanding their global reach.”

Dr. Raghupati Singhania, Chairman, JK Fenner, said, “This milestone is not just a number, it is a legacy, a testament to seven decades of resilience, innovation, and excellence. From one facility in Madurai, we now operate nine state-of-the-art plants, and tomorrow we will proudly roll out our 75 millionth belt from our Automotive plant in Madurai, underscoring our leadership in power transmission solutions. Tamil Nadu has always been at the forefront of India’s industrial revolution, attracting world-class investments, and we at JK Fenner are proud to have contributed to this ecosystem and thank the government for its support to the industry and manufacturing sector in particular.”

Vikrampati Singhania, said, “It is both a privilege and a joy to celebrate 70 years of JK Fenner with our extended family of employees, partners, customers, and well-wishers. This milestone is not just ours, but the collective achievement of countless hands and minds who have propelled us forward. From humble beginnings in Madurai, we have grown into a trusted partner across automotive, industrial, agriculture, railways, and defence sectors. Looking ahead, our focus will be on driving future mobility, advancing sustainability, and expanding our global footprint through innovation, digitalisation, and world-class engineering.”

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German technology major Continental has announced the sale of its ContiTech Original Equipment Solutions (OESL) business to Regent, as part of its strategy to narrow the focus of its ContiTech group on industrial clients.

OESL, which develops and manufactures hose lines and bearing elements for both internal combustion and electric vehicles, employs over 16,000 people and generated approximately EUR 1.9 billion in sales in fiscal year 2024.

This is in line with the company's plan, outlined at its Capital Market Day in June, to establish four strong and independent business units.

Philip Nelles, Member of Continental’s Executive Board and Head of the ContiTech group, said, "The decision to sell OESL is part of our broader strategy to intensify our focus on our industrial business. Going forward, ContiTech will be a standalone specialist for material solutions with a strong focus on industry. Given the dynamic market environment, concentrating on industrial business is the cornerstone of our strategy. Following the sale of OESL, ContiTech will generate around 80 per cent of its sales with industrial customers. Our customer portfolio is highly diversified, both by industry and by region."

Michael A. Reinstein, Founder and Chairman, Regent, added, “With its attractive product portfolio and extensive automotive expertise, OESL has a strong foundation and excellent growth prospects. As a long-term, strategically oriented owner, we will work closely with management to drive the transformation to sustainable, future-oriented mobility solutions and harness OESL’s potential to enhance value. This will create meaningful opportunities for our employees around the world.”

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Indian-origin lubricant manufacturer NDTH Energy has significantly advanced its global standing with the Volvo VDS-3 approval for its EnerG G Force XL engine oil. This prestigious certification confirms the lubricant's compliance with some of the most stringent international performance standards for heavy-duty engines, specifically in areas like extended oil drain intervals, superior engine wear protection and enhanced fuel efficiency for commercial vehicles.

This achievement is a major endorsement, positioning NDTH among a select group of global lubricant companies and greatly strengthening the product's acceptance worldwide. It follows another notable milestone for the company, which was the first from the country to secure the demanding Mercedes-Benz MB 229.51 and MB 229.52 certifications for its fully synthetic engine oil. These accomplishments collectively underscore the company's consistent ability to develop products that meet exacting original equipment manufacturer specifications.

Complementing its innovation in lubricants, NDTH Energy has also formed a strategic partnership with German additive specialist GAT GmbH. This collaboration has introduced the GAT X EnerG line of automotive care products, including fuel system cleaners and engine flushes, to the Indian market. This initiative supports the national Atmanirbhar Bharat mission by elevating domestic capabilities in the automobile sector.

Navkaran Singh Sethi, Founder, NDTH Energy, said, “This achievement is a proud moment for NDTH Energy as an Indian-origin brand making its mark on the global stage. The Volvo VDS-3 approval underscores our commitment to engineering excellence, quality and sustainability while showcasing the capability of Indian manufacturers to meet the most rigorous international standards.”

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Aligarh-headquartered automotive component maker Pavna Industries is forming a a 80:20 joint venture with Taiwan-based SmartChip Microelectronic Corporation (SMC).

As per the understanding, Pavna will undertake and carry on the business of inter-alia making electronic components for the automobile industry (ICE & EV) and other industries, including hardware for residential/commercial industries, aero and medical, among others in India.

The JV will leverage Pavna’s operational, manufacturing and procurement expertise, as well as its deep understanding of the Indian automotive market, to oversee and manage the operations in India.

On the other hand, SMC will contribute its present and future technical skills, innovations and R&D capabilities in automotive e-lock systems, EV components like motor controller, throttle body, dashboard for two-wheeler & three-wheeler, EV charging piles and e-locking solutions for residential and commercial applications. SMC’s engineering and product development expertise will ensure the JV remains technologically advanced and globally competitive.

Swapnil Jain, Managing Director, Pavna Industries, sai,d "This strategic partnership is an important milestone on our path to emerging as a mobility solutions leader in advanced technologies. By merging Pavna's manufacturing and market capabilities with SMC's state-of-the-art electronics knowledge, we expect to speed up the penetration of EV technologies in India as well as grow into new high-growth markets. With this partnership, we will also further enhance our capacity to serve domestic and global markets with innovative, dependable, and sustainable solutions."

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