Kaynes Technology India to Invest Up to $1.03 Million in Kaynes Holding 3 days ago
Kaynes Technology India has announced plans to invest up to $1.03 million (₹8.50 crore) to acquire shares of Kaynes Holding. The specific details of the deal, including the number of shares and resulting ownership percentage, have not been disclosed. The strategic implications and purpose of this acquisition remain unclear, but could potentially involve strengthening market position, expanding operations, or gaining access to new technologies or markets.
Kaynes Technology India Plans $1.03 Million Investment in Kaynes Holding 4 days ago
Kaynes Technology Subsidiary to Acquire Fujitsu's Power Module Assets for ₹85 Crore 4 days ago
Kaynes Technology Unit Inks ¥1.59 Billion Asset Purchase Deal with Fujitsu Electronics 4 days ago
Kaynes Technology Subsidiary to Acquire Fujitsu Electronics Assets for ₹100 Crore 5 days ago
More news about Kaynes Technology
10Jun 25
Kaynes Technology Unit Inks ¥1.59 Billion Asset Purchase Deal with Fujitsu Electronics
A unit of Kaynes Technology has entered into an asset purchase agreement with Fujitsu Electronics valued at ¥1.59 billion (Japanese Yen). The specific details of the assets involved in this transaction have not been disclosed. This acquisition could potentially enhance Kaynes Technology's technological capabilities, market reach, or product portfolio. The deal's implications on the company's operations and market strategy are yet to be fully understood.
09Jun 25
Kaynes Technology India to Establish Educational Centre in Mysuru
Kaynes Technology India Ltd. plans to construct the Kaynes Centre, an education and technology-focused facility in Mysuru. The project, funded by a recent 1.8% promoter stake sale, is expected to be completed in 3-4 years. CFO Jairam Sampath forecasts company revenue of Rs 4,350.00 crore for the current fiscal year with an EBITDA margin of 15.60%, excluding recent acquisition impacts.
03Jun 25
Kaynes Technology India Invests $8.8 Million in Kaynes Holding
Kaynes Technology India has announced an investment of $8.8 million (₹72.80 crore) in Kaynes Holding. The investment aims to strengthen Kaynes Holding's operational capabilities and improve its financial position. This move demonstrates confidence in Kaynes Holding's potential and suggests strategic alignment between the two entities. The substantial investment indicates a long-term commitment to strengthening the group's market position.
19May 25
Kaynes Technology Projects Robust Revenue Growth for FY25 and FY26
Kaynes Technology India Limited, a leading EMS company, has announced ambitious revenue projections for the upcoming fiscal years. The company expects revenue of 2,722.00 crore rupees in FY25 and 4,525.00 crore rupees in FY26, indicating significant year-over-year growth. This optimistic outlook aligns with broader growth trends in India's electronics manufacturing industry, driven by government initiatives and increasing demand for electronic products.
16May 25
Kaynes Technology India: Q4 Profit Soars 43%, Revenue Up 54%
Kaynes Technology India, a leading EMS company, has reported strong Q4 results with revenue rising 54% to ₹984.5 crore and net profit increasing 43% to ₹116.20 crore. The company's EBITDA margin grew by 76% year-over-year. Kaynes' order book stood at ₹6,596.9 crore as of March 31, indicating robust future growth potential. For the full fiscal year, the company's consolidated profit reached ₹293.43 crore, up from ₹183.3 crore in the previous year. Kaynes has also acquired August Electronics in Canada to strengthen its North American presence.
15May 25
Kaynes Technology India Reports Strong Q4 Performance with Significant Growth in Revenue and Profits
Kaynes Technology India announced impressive Q4 financial results. Revenue surged 46.2% year-over-year to ₹9.84 billion. Consolidated net profit rose 42.7% to ₹1.16 billion. EBITDA grew 76.5% to ₹1.68 billion, with margin expanding to 17.05%. The company demonstrated strong growth across all key financial metrics, indicating robust market position and operational efficiency.
09May 25
Kaynes Technology India Expands Globally with Acquisition of Canada's August Electronics
Kaynes Technology India Ltd. has acquired August Electronics, a Canadian company, marking its entry into the North American market. This strategic move is expected to enhance Kaynes' global presence, expand its capabilities, and strengthen its competitiveness in the international electronics manufacturing services sector. While financial details were not disclosed, the acquisition aligns with Kaynes' growth strategy and could potentially open new revenue streams and customer bases.
07May 25
Kaynes Technology India to Acquire Canadian Firm August Electronics for CAD 57 Million
Kaynes Technology India Ltd., a leading Indian electronics manufacturing services company, has approved the acquisition of August Electronics, a Canadian electronics manufacturing firm, for CAD 57 million (approximately ₹350 crore). The acquisition will be executed through Kaynes' Canadian subsidiary, marking a significant step in the company's international expansion strategy. This move is expected to strengthen Kaynes' presence in the North American market, potentially providing access to new customers and technologies.
13Mar 25
Kaynes Technology Schedules Analyst and Investor Meeting for March 28
Kaynes Technology India Limited has scheduled a group meeting with analysts and institutional investors on March 28, 2025, in Mysuru, Karnataka. The meeting aims to provide updates on company performance, strategies, and industry outlook. While primarily a group format, one-on-one interactions may be possible. The company has assured compliance with SEBI regulations, stating no unpublished price-sensitive information will be shared.
12Mar 25
Kaynes Technology MD Faces SEBI Scrutiny Over Alleged Insider Trading Violations
Ramesh Kunhikannan, Managing Director of Kaynes Technology India Limited, has received a show-cause notice from SEBI for alleged violations of insider trading rules related to the company's March 31, 2023 financial results. The notice specifically concerns the maintenance of a Structured Digital Database. Following the news, the company's stock fell 9.17% to Rs 3,898 in early trade. Kaynes Technology is reviewing the notice and has committed to cooperating with SEBI to resolve the matter.
11Mar 25
Kaynes Technology India's MD Faces SEBI Scrutiny Over Insider Trading Regulations
Kaynes Technology India Limited's Managing Director, Ramesh Kunhikannan, received a show-cause notice from SEBI on March 10, 2025, regarding alleged violations in maintaining the Structured Digital Database for financial results ending March 31, 2023. The company acknowledged the notice and plans to review it, take appropriate legal steps, and cooperate fully with SEBI to resolve the matter within the regulatory framework.