Kaynes Technology India Limited has announced a significant corporate restructuring within its subsidiary operations, with the formal name change of its wholly owned subsidiary taking effect on February 02, 2026.

Subsidiary Name Change Details

The company has officially changed the name of its wholly owned subsidiary from ISKRAEMECO INDIA PRIVATE LIMITED to GRIDCREST TECHNOLOGIES PRIVATE LIMITED. This transformation was formalized through a Certificate of Incorporation pursuant to change of name issued by the Central Processing Centre, Ministry of Corporate Affairs on February 02, 2026.

Regulatory Compliance

Kaynes Technology India Limited has fulfilled its regulatory obligations by informing both major stock exchanges about this corporate development. The notification was sent to BSE Limited (Scrip Code: 543664) and National Stock Exchange of India Limited (Scrip Symbol: KAYNES) under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Communication

The announcement was signed by Anuj Mehta, Company Secretary and Compliance Officer (ICSI Membership Number FCS 13802), ensuring proper corporate governance protocols were followed. The company has also committed to making this information available on its official website at www.kaynestechology.co.in for stakeholder transparency.

This name change represents a strategic rebranding initiative for the subsidiary, transitioning from the ISKRAEMECO brand identity to the new GRIDCREST TECHNOLOGIES designation while maintaining its status as a wholly owned subsidiary of Kaynes Technology India Limited.

Kaynes Technology India Ltd. has recorded a significant block trade on the National Stock Exchange (NSE), marking substantial institutional trading activity in the company's shares. The transaction represents one of the notable equity deals in the current market environment.

Block Trade Details

The NSE block trade involved a considerable volume and value, reflecting significant investor interest in the company's equity. The transaction parameters demonstrate the scale of institutional activity in Kaynes Technology India's stock.

Market Significance

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders to facilitate significant equity transactions without causing substantial price volatility in the regular market. These transactions are conducted outside the normal trading mechanism to minimize market impact while enabling large-volume transfers.

The substantial value of Rs. 16.72 crores indicates meaningful institutional participation in Kaynes Technology India's equity. Such transactions often reflect strategic investment decisions or portfolio rebalancing activities by large investors.

Trading Activity Impact

The block trade at Rs. 3399.70 per share represents a significant single transaction for the company. The involvement of approximately 49,181 shares in this transaction demonstrates the scale of institutional interest in the stock. Block trades of this magnitude typically indicate confidence in the company's prospects or strategic positioning by institutional investors.