Kaynes Technology India Limited has announced an extension to the notice period of its Chief Executive Officer, Mr. Rajesh Sharma. This development comes as an update to the company's previous announcement regarding Mr. Sharma's resignation.

Key Details of the Extension

Background

Kaynes Technology had initially communicated Mr. Sharma's resignation on September 19, 2025. The company made this announcement in compliance with SEBI Listing Regulations.

Corporate Governance

The extension of Mr. Sharma's notice period demonstrates Kaynes Tech's commitment to ensuring a seamless leadership transition. This move aligns with good corporate governance practices, prioritizing the company's operational continuity.

Regulatory Compliance

Kaynes Technology has duly informed the stock exchanges about this change, adhering to Regulation 30 read with Schedule III-Para A(7C) of Part A of the SEBI Listing Regulations. The company has also complied with the SEBI master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Investor Relations

For further information, investors and stakeholders can access the detailed announcement on the company's official website at www.kaynestechnology.co.in . This transparency in communication underscores Kaynes Tech's commitment to keeping its stakeholders informed about significant corporate developments.

The extension of the CEO's notice period may provide Kaynes Technology with additional time to manage the leadership transition effectively, potentially minimizing any disruptions to its operations and strategic initiatives.

Kaynes Technology India Limited's subsidiary, Kaynes Circuits India, has announced a significant investment plan in Tamil Nadu, aiming to boost electronic manufacturing and create job opportunities in the state. The company plans to invest ₹3,280 crore under the Electronics and Computer Software Export Promotion Scheme (ECMS), targeting production worth ₹26,315 crore.

Investment Details

This strategic move by Kaynes Circuits India aligns with the government's push to enhance India's electronics manufacturing capabilities and promote exports in the sector. The substantial investment is expected to significantly contribute to the state's economic growth and employment landscape.

Potential Impact

The investment plan is poised to have a multifaceted impact:

1. Economic Boost: The targeted production value of ₹26,315 crore indicates a substantial contribution to the state's manufacturing output.
2. Employment Generation: The creation of 2,480 new jobs will provide significant employment opportunities in the region.
3. Skill Development: The initiative is likely to foster skill development in the electronics manufacturing sector.
4. Export Promotion: As part of the ECMS scheme, the investment may enhance India's electronics export capabilities.

Company Background

Kaynes Circuits India is part of Kaynes Technology India Limited, a company operating in the electronic manufacturing sector, with its headquarters in Mysore, Karnataka.

While this investment announcement marks a significant development for the company, it's important to note that Kaynes Technology India Limited has scheduled a board meeting for November 4, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. This upcoming financial disclosure may provide further insights into the company's performance and strategic direction.

As the investment plan unfolds, stakeholders will be keenly watching its implementation and the resulting impact on both the company's growth trajectory and Tamil Nadu's electronics manufacturing landscape.