Mumbai: Shares of electronic components maker Kaynes Technology fell 6% on Thursday after Kotak Institutional Equities noticed inconsistencies in the standalone company and several subsidiaries’ disclosures about inter-company transactions in 2024-2025. The broker said subsidiary Iskraemeco’s disclosures show purchases of ₹180 crore from Kaynes Electronics Manufacturing in FY2025, as well as year-end liabilities of ₹320 […]
The Board of Kaynes technology has announced a floor price of £ 5,625.75 per share to increase £ 1,600 crore, although the issue of shares based on qualified institutional placement. The fundraising plan was approved by the company’s board on January 22 and by shareholders on 14 February, the company said in legal submission. The […]