The company was incorporated on 8th February, 1984 in Madhya Pradesh.
It was promoted jointly by kinetic Engineering Ltd. Pune and Honda
Motor Co. Ltd. Japan.
The company entered into a technical collaboration contract with
Honda Motor co. Ltd., Japan who agreed to provide complete technical
assistance to the company comprising technical documents consisting
the know-how, information on construction of the plant for the
manufacture and guidance in connection with procurement of
manufacturing facilities, Honda also agreed to participate in the
equity share capital of the company to the extent of 28.56%. The
Technical collaboration agreement was for 10 years from 8th August,
1984. The company was to pay Honda,
Technical know-how fee of Rs. 47 Lakhs and Royalty at the rate of 4%
for a period of 7 years from the date of commercial prodcution.
During 1987-88, the company entered into a technical collaboration
agreement with Kinetic Engg. Ltd., for technical knowhow for the
manufacture of Luna Mopeds, within the available installed capacity.
2000 - Pune-based Kinetic Motoros Company Ltd has been awarded the
`highest exporter with continuous export excellence award'
non-SSI category, by the Engineering Exports Promotional
- Two-wheeler majors -- Kinetic Engineering Ltd and Kinetic
Company Ltd, both part of the Rs 1,000-crore Kinetic Group
together appointed Madison Media, the media buying unit
Madison Communications as their Agency on Record.
- The Company will launch an upgraded version of its 98 cc
Scooter Marvel to
overcome the market perception of being a single product
- Kinetic group's automotive businss has been split into
three operating divisions,
comprising the scooter, moped and motorcycle businesses.
2001 - The Compensation Committee of the board of directors has
39,100 No. of equity shares of Rs 10 each at a premium
of Rs 20 per share
to 19 employees exercising their `option' under
- Kinetic on August 16 launched a 110 cc scooter and said it would
introduce a new motorcycle range next month as part of its strategy
to achieve a Rs 2,000 crore turnover in fiscal 2003. Called 'ZX
Zoom', the new scooter has been priced at Rs 37,215.
-2002-Kinetic Motor Company Ltd has informed BSE that Mr A M
Shirolkar has been appointed as Director (Technical) of the company
with effect from November 1, 2002.
-The Board approved Voluntary Retirement Scheme (VRS) for company's
employees working at Pithampur plant.
-Kinetic Motors launched the `Campus Chill' - a new variant of
-Kinetic bags rights to manufacture 7 Italjet models
-Kinetic Motor unveils feature-rich `Zing 80' scooterette at nearly
Rs 5,000 lesser than similar models from other competitors
-Kinetic Motors has announced the launch of Kinetic Nova 135, a 135
cc gearless scooter
-Kinetic unveils Italjet range on June 7, 2005
-Kinetic Motors ties up with Tata Indicom
-Kinetic unveils `Kine' scooterette in Pune
-Kinetic launches Italian-designed scooters.
-Kinetic on November 8 launched gearless scooter, Kinetic 4S
-Ms Madhuri Sapru has taken over as the Managing Director (South
-Registered Office of the Company has been shifted From 429-A, Jain
Shripal Bhavan, Clerk Colony, Pardeshipura, Indore, PIN - 452011, M.P
To D1 Block, Plot No. 18/2, MIDC, Chinchwad, Pune - 411019.