Kinetic Motor to merge with Kinetic Engg; stocks gain

Kinetic Motor Company board has approved the merger of Kinetic Motor Company Limited (KMCL) with Kinetic Engineering Limited (KEL) at an exchange ratio of 7.75:1.

December 12, 2011 / 09:34 IST

26 Aug, 2025 12:21

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Kinetic Motor Company board has approved the merger of Kinetic Motor Company Limited (KMCL) with Kinetic Engineering Limited (KEL) at an exchange ratio of 7.75:1.

Kinetic Motor Company touched an intraday high of Rs 16 and an intraday low of Rs 15.20. At 09:22 hrs the share was quoting at Rs 15.77, up Rs 0.91, or 6.12%.

It was trading with volumes of 20,249 shares. In the previous trading session, the share closed up 0.81% or Rs 0.12 at Rs 14.86.

However, the share of Kinetic Engineering gained 5.77% or Rs 6 at Rs 110.

first published: Dec 12, 2011 09:30 am

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