Allotment of 44,51,000 Equity Shares to Promoter and Promoter Group upon conversion of warrants.

KEL:SH:SE Date: September 24, 2026 The Manager-Corporate Relations Department BSE Limited 1st Floor, P J Towers Fort, Mumbai- 400 001. BSE Scrip Code: 500240 Subject: Outcome of Board Meeting held on September 24, 2026. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held today i.e. Thursday, September 24, 2026, has inter alia considered, approved and/or taken note of the followings- - Transfer of 23,00,000 Warrants held by Mr. Arun Hastimal Firodia and Arun Firodia Trust to Micro Age Instruments Private Limited, being a transfer amongst the members of the Promoter and Promoter Group. - Conversion of 44,51,000 Warrants into 44,51,000 fully paid-up Equity Shares of the Company, having a face value of ₹10/- (Rupees Ten Only) each, at an issue price of ₹171/- (Rupees One Hundred Seventy-One Only) per share, including a premium of ₹161/- (Rupees One Hundred Sixty-One Only) per share, in compliance with the applicable provisions of the Companies Act, 2013 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. For further details, please refer to Annexure A. The Meeting commenced at 13:30 Hrs. (IST) and Concluded at 14:15 Hrs. (IST). Thanking You, Yours Truly, For Kinetic Engineering Limited Ajinkya Firodia Managing Director DIN: 00332204 Registered Address: Factory Address: Contact: +91 2066142049 D1 Block, Plot No.18/2, Kinetic Manufacturing Plant Email ID: kelinvestors@kineticindia.com Chinchwad, Pune Nagar-Daund Road, Ahmednagar Website: www.kineticindia.com Maharashtra India 411019 Maharashtra India 414001 CIN: L35912MH1970PLC014819 Annexure A - ISSUANCE OF EQUITY SHARES ON CONVERSION OF WARRANTS The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, are given as under: Sr. Particulars Disclosure 1. Type of securities proposed to Equity Shares pursuant to conversion of Warrants be Issued 2. Type of issuance Preferential Allotment 3. Total number of securities Allotment of 44,51,000 Equity Shares of face value of ₹10/- each at an issue proposed to be issued or total price of ₹171/- per share, including a premium of ₹161/- per share, upon amount for which the securities conversion of an equal number of warrants, aggregating to ₹76,11,21,000/-, will be issued against receipt of the balance 75% consideration amounting to ₹57,08,40,750/- Additional information in case of preferential issue: 4. Name of the Investors 1. Jayashree Firodia Trust; 2. Arun Firodia Trust; 3. Micro Age Instruments Private Limited. 5. Post allotment of securities – Name of Allottee (s) Pre Issue No. of Shares Post issue outcome of the subscription, Equity allotted upon Equity holding issue price / allotted price (in Holding conversion of after exercise case of Warrants of warrants convertibles), number of No. of Shares No. of Shares investor Arun Hastimal 1,82,963 - 1,82,963 Firodia Jayashree Firodia 32,55,058 20,23,266 52,78,324 Trust Arun Firodia Trust 19,72,800 1,27,734 21,00,534 Micro Age Instruments 55,22,993 23,00,000 78,22,993 Private Limited The Number of Investor is 3 (Three). Further, 12,13,868 warrants held by Mr. Arun Hastimal Firodia and 10,86,132 warrants held by Arun Firodia Trust have been transferred to Micro Age Instruments Private Limited, aggregating to 23,00,000 warrants, being a transfer amongst members of the Promoter and Promoter Group. 6. In case of convertibles - Exercise of 44,51,000 convertible warrants into 44,51,000 fully paid-up Equity intimation on conversion of Shares of the Company of face value of ₹10/- each. Further, 6,36,134 warrants securities or on lapse of the will be lapsed upon expiry of the tenure of the warrants. tenure of the instrument Registered Address: Factory Address: Contact: +91 2066142049 D1 Block, Plot No.18/2, Kinetic Manufacturing Plant Email ID: kelinvestors@kineticindia.com Chinchwad, Pune Nagar-Daund Road, Ahmednagar Website: www.kineticindia.com Maharashtra India 411019 Maharashtra India 414001 CIN: L35912MH1970PLC014819 The name of the allottee(s) of Equity Shares pursuant to Conversion of Warrants Name of Allottee(s) No. of No. of Warrants No. of warrants No. of warrants No. of warrants Warrants already transferred applied for lapse allotted converted conversion Arun Hastimal Firodia 13,63,868 1,50,000 (12,13,868) - - Jayashree Firodia Trust 41,70,057 21,46,791 - 20,23,266 - Arun Firodia Trust 38,22,800 19,72,800 (10,86,132) 1,27,734 6,36,134 Micro Age Instruments - - 23,00,000 23,00,000 - Private Limited Registered Address: Factory Address: Contact: +91 2066142049 D1 Block, Plot No.18/2, Kinetic Manufacturing Plant Email ID: kelinvestors@kineticindia.com Chinchwad, Pune Nagar-Daund Road, Ahmednagar Website: www.kineticindia.com Maharashtra India 411019 Maharashtra India 414001 CIN: L35912MH1970PLC014819