KINETICMOT

News Verification : The media had reports that Mahindra & Mahindra Ltd. may acquire stake in the company for an expected deal size of Rs. 70-80 crores. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Kinetic Motor Company Limited has vide its letter inter-alia stated, "The said news item is purely of speculative nature. The company is exploring various alternatives to raise funds for its two wheeler business. How

Kinetic Motor Company Limited has informed the Exchange that in the meeting of Board of Directors of the Company held on March 29, 2008, Board decided to extend current financial year of the Company ending on March 31, 2008 by further period of 3 months so as to end it on June 30, 2008, which will be of a 15 months period.

Kinetic Motor Company Limited has informed the Exchange that in the meeting of Committee of Board of Directors of the Company held on December 29, 2007 it was decided to allot 10,00,000 numbers of equity shares of Rs. 10/- each at a premium of Rs. 55/- per share on December 30, 2007 to M/s Kinetic Engineering Limited (KEL) on conversion of 10,00,000 numbers of Convertible Cumulative Preference Shares of Rs. 65/- each issued to KEL earlier.

Kinetic Motor Company Limited has informed the Exchange Vide its letter dated November 24, 2007 that "In the meeting of Board of Directors of the Company held today following decision was taken: (1) To issue 8,71,795 Nos. of Cumulative Compulsorily Convertible Preference Shares (CCCPS) having face value of Rs.39/- each to Billion Ally Limited (BAL) on preferential basis, subject to obtaining required approvals. The said CCCPS shall be compulsorily convertible into one fully paid up equity share of Rs.10/- each within a period of 18 months from the date of allotment. Proceeds of the issue will

Kinetic Motor Company Limited has informed the Exchange vide its letter dated November 15, 2007 that "In Extraordinary General meeting of Members of the Company held today following resolutions were passed: (1) To increase Authorised share capital of the Company from Rs. 85.00 crores to Rs. 88.56 crores by creation of 1,59,980 equity shares of Rs.10/- each and 8,71,800 compulsorily convertible cumulative preference shares of RS. 39/- each. (2) To alter Clause V of Memorandum of Association of the Company to reflect above increase in Authorised share capital. (3) To alter Article 3 Articles of

Kinetic Motor Company Limited has submitted to the Exchange a copy of the notice of the Extraordinary General Meeting of the Members of the Company held on November 15, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/KinteicMotor_EGMNotice.zip target=NEW> For more details click here.</a>

Kinetic Motor Company Limited has informed the Exchange that "The meeting of Board of Directors held on 13th October, 2007, MR. S.R. Kotecha has been appointed as Independent Director of the Company to fill casual vacancy caused by resignation of one of independent Director of the Company. Mr. S. R. Kotecha has been appointed as a member of following Committees of the Board of Directors: 1) Audit Committee. 2) Remuneration Committee.

Kinetic Motor Company Limited has informed the Exchange vide its letter dated September 13, 2007 that "Mr. Nilesh J. Limaye has joined us as General Manager & Company Secretary. He will be Compliance Officer for all matters related to Stock Exchange and investors. His contact No. and Email id are as under: Telephone Nos.: 020-27602322 (D), 020-27602222 (Board) Fax No. : 020-27475843 Email ID: njl@kmcl.kineticindia.com".

Kinetic Motor Company Limited has informed the Exchange that: "The Company on 2nd August, 2007 made allotment of 15,00,000 Equity Shares of Rs.10/- each at a premium of Rs.55/- per Equity share to Citicorp Finance (India) Limited upon conversion of 15,00,000 Fully Convertible Debentures issued to them on 3rd August, 2006".

Kinetic Motor Company Limited has informed the Exchange that: "Air Chief Marshal H. Moolgavkar (Retd.) has resigned from the Directorship of the Company with effect from 11th July, 2007 due to his old age of 87 years and not keeping good health. This has been noted by Board of Directors in their meeting held on 30th July 2007".

Kinetic Motor Company Limited has informed the Exchange that the Company has announced Book Closure on July 28, 2007 for the purpose of Annual General Meeting.

Kinetic Motor Company Limited has informed the Exchange that the Company has extended the accounting year by 6 months. Accordingly, the accounting year will now be ending on March 31, 2007 instead of September 30, 2006, thus the accounts will be prepared for a period of 18 months from October 01, 2005 to March 31, 2007.

Kinetic Motor Company Limited has informed the Exchange that the Company shall publish Audited Financial Results within a period of 3 month for the year ended on March 31, 2007 i.e. on or before June 30, 2007.

Kinetic Motor Company Limited has informed the Exchange on March 31, 2007 "that the Preference Share Committee of Board of Directors of the Company in today's meeting made allotment of 24,00,000 8.5% New Optionally Convertible Cumulative Preferences Shares (8.5% New OCCPS) of Rs.65/- each to MicroAge Instruments Private Limited and 6,77,000 8.5% New OCCPS of Rs.65/- each to Jaya Hind Sciaky Limited . Each 8.5% New OCCPS is convertible into one Fully paid-up Equity shares of Rs.10 each at premium of Rs.55 per share within 18 months from date of allotment".

Kinetic Motor Company Limited has submitted to the Exchange a copy of the Notice of the Extraordinary General Meeting of the Company scheduled to be held on 26th March 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/KINETIC_EGM.zip target=NEW> For more details click here.</a>

Kinetic Motor Company Limited has informed the Exchange on February 26, 2007 that: "The Board of Directors of Kinetic Motor Company Limited (KMCL) in today's meeting have passed resolutions to increase the Authorised Capital of KMCL from existing Rs.62 crores to Rs.85 crores and to issue on preferential basis 24,00,000 8.5% New Optionally Convertible Cumulative Preference Shares of face value of Rs 65 each (8.5% New OCCPS) to Micro Age Instruments Private Limited (MAIPL) and 6,77,000 8.5% NEW OCCPS to Jaya Hind Sciaky Limited (JHS), against conversion of inter-corporate Deposits (ICDs) given b

Kinetic Motor Company Limited has informed the Exchange on December 30, 2006 that "the Allotment Committee of Board of Directors of the Company in today's meeting made allotment of 15,30,000 Convertible Cumulative Preference Shares (CCPS) of Rs. 65/- each to Kinetic Engineering Limited, convertible into upto 15,30,000 Fully paid-up Equity shares of Rs. 10 each at premium of Rs. 55 per share within 18 months from date of allotment, 23,15,500 Optionally Convertible Cumulative Preference Shares (OCCPS) of Rs. 65/- each to Kinetic Engineering Limited, convertible into upto 23,15,500 Fully paid-up

Kinetic Motor Company Limited has informed the Exchange that "the Board of Directors of Kinetic Motor Company Limited (KMCL) in its meeting held on November 22,2006 have passed resolutions to increase the Authorised Share Capital of KMCL from existing 35 crores to Rs.62 crores and to issue on preferential basis 7,70,000 Optionally Convertible Cumulative Preference Shares (OCCPS) of face value of Rs.65/- each to Jaya Hind Soiaky Limited (JHS), a Company forming part of Promoter Group, against conversion of existing Inter-Corporate Deposit given by JHS to KMCL, subject to approval of shareholder

Kinetic Motor Company Limited has submitted to the Exchange a copy of the Notice of the Extraordinary General Meeting of the Company scheduled to be held on December 20, 2006. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Kientic_EGM_05122006.zip target=NEW> For more details click here.</a>

Kinetic Motor Company Limited has informed the Exchange that the Committee of Directors in its meeting held on November 24,2006, decided the composition of Preference shares to be issued to Kinetic Engineering Limited (KEL) subject to approval of shareholders in the EGM to be held on December 20,2006. Accordingly, the Company will issue to KEL 15,30,000 Convertible Cumulative Preference Shares (CCPS) of face value of Rs.65 each , (each CCPS is convertible into one fully paid up Equity share of face value of Rs. 10 each at a premium of Rs.55/- per share), 23,15,500 Optionally Convertible Cumula

Kinetic Motor Company Limited has submitted to the Exchange a copy of the proceedings of EGM of the Company held on September 13,2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Kinetic Motor Company Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on August 16,2006 have passed resolution for issue of 6,50,000 Fully Convertible Debentures (FCDs) of face value of Rs.65 each to Citicorp Finance (India) Limited (CFIL). Each FCD shall be compulsorily convertible into one Fully paid-up Equity share @ Rs.65 each (Rs.10 face value + Rs.55 premium) on 365th day from the date of allotment or earlier in the manner set out in the Debenture Subscription agreement. The Issue price of Rs.65/- is higher than the price calculated as per

Citicorp Finance (India) Limited has informed the Exchange that they have subscribed to and has been allotted 1,500,000 fully convertible debentures ("FCD") on August 03, 2006, each FCD being compulsorily convertible into 1 equity share of the Company on the 365th day from the date of their allotment, at a conversion price of Rs.65 each. The Company has further informed that they have acquired securities giving the Company the right to acquire shares, the conversion of which result in the shareholding in the Company exceeding 5% of the total share capital. The details of the subscription are a

Kinetic Motor Company Limited has informed the Exchange that the Allotment Committee of Directors of the Company held on August 04, 2006 have passed resolution for issue of 25,00,000 Non-Convertible Debentures of Rs.100/- each to Citicorp Finance (India) Limited (CFIL).

Kinetic Motor Company Limited has informed the Exchange that pursuant to approval of shareholders of the Company the Allotment Committee of Directors of the Company in its meeting held on August 03,2006 have passed resolution for issue of following securities to Citicorp Finance (India) Limited (CFIL): (i) 15,00,000 Equity Warrnts of Rs.65/- each convertible into 15,00,000 Equity shares of Rs.10/- each at a price of Rs.65/- per share at the option of CFIL within 18 months from the date of issue. (ii) 15,00,000 Fully Convertible Debentures convertible into 15,00,000 Equity Shares of Rs.10/- eac

Kinetic Motor Company Limited has submitted to the Exchange a copy of proceedings of EGM of the Company held on July 19,2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Kinetic Motor Company Limited has submitted to the Exchange a copy of the Notice of the Extraordinary General Meeting of the Company scheduled to be held on July 19, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Kinetic Motor Company Limited (KMCL) has informed the Exchange that at the meeting of Board of Directors of the company held on June 21,2006, the Board have proposed to issue following securities to Citicorp Finance (India) Limited (CFIL) on Preferential basis, subject to necessary approvals : (a) Up to 80,00,000 Secured Redeemable Non-Convertible Debentures (NCDs) of the Company of Rs. 100/- each, of the aggregate face value of Rs.80,00,00,000 at a discounted price of Rs. 71,50,00,000. (b) Up to 21,50,000 Secured Redeemable Fully Convertible Debentures (FCDs) of face value of Rs. 65 each of t

The objects of the issue is to meet KMCL's capital expenditure requirement, enabling KMCL to expand its two-wheeler business and meeting the long term working capital requirements of KMCL. An Extraordinary General Meeting (EGM) of the shareholders of KMCL is scheduled to be held on July 19, 2006 to consider issue of the above mentioned securities on preferential basis.

Kinetic Motor Company Limited has submitted to the Exchange a copy of the Notice of the Extraordinary General Meeting of the Company to be held on June 06, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Kinetic Motor Company Limited has informed the Exchange that the Board of Directors of the Company in the meeting held on March 27, 2006 have passed resolution for appointment of Mr. Chen Chung Long as Executive Director for a period of 3 years w.e.f June 1, 2006, subject to necessary approvals.

Billion Ally Limited has informed the Exchange that they have acquired 20,65,000 shares aggregating to 11.12% of the total paid-up capital of Kinetic Motor Company Limited on February 20, 2006. The mode of acquisition is Preferential Allotment and the shareholding of Billion Ally Limited after the said acquisition is 20,65,000 shares aggregating to 11.12% of the total paid-up capital of Kinetic Motor Company Limited.

Kinetic Motor Company Limited has informed the Exchange that Billion Ally Limited has acquired 20,65,000 shares aggregating to 11.12% of the share capital of Kinetic Motor Company Limited on February 20, 2006. The mode of acquisition is Preferential Allotment and the shareholding of Billion Ally Limited after the said acquisition is 20,65,000 shares aggregating to 11.12% of the share capital of Kinetic Motor Company Limited.

Kinetic Motor Company Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on February 20, 2006, have passed resolution for appointment of Mrs. Sulajia Firodia Motwani as Managing Director of the Company w.e.f. May 04, 2006. Mr. Wu Hsiung Liu has been appointed as Additional Director of the Company.

Kinetic Motor Company Limited has informed the Exchange that Billion Ally Limited has acquired 20,65,000 shares aggregating to 11.12% of the share capital of Kinetic Motor Company Limited on February 20, 2006. The mode of acquisition is Preferential Allotment and the shareholding of Billion Ally Limited after the said acquisition is 20,65,000 shares aggregating to 11.12% of the share capital of Kinetic Motor Company Limited.

Kinetic Motor Company Limited has informed the Exchange that pursuant to approval of shareholders of the Company, the Board of Directors of the Company in their meeting held on February 20, 2006, have passed Resolution for allotment of 20,65,000 Equity shares of Rs.10 each @ Rs.66 per share (including premium of Rs.56 per share) to Sanyang industry Company Limited's wholly owned subsidiary, Billion Ally Limited. With this the paid up share capital of the Company has increased from Rs.16,50,93,000 to Rs.18,57,43,000.

Kinetic Motor Company Limited has submitted to the Exchange a copy of the Notice of the EGM of the Company scheduled to be held on February 07, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Clarification of News : The press had reports on January 10, 2006 that Kinetic Motor Company Limited is close to finalising a new joint venture with a Taiwanese company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Kinetic Motor Company Limited has vide its letter inter-alia stated, "We would like to clarify that Kinetic has not signed Joint Venture Agreement with Taiwanese company - Sanyang Industry Company Ltd

Kinetic Motor Company Limited has informed the Exchange that at the meeting of Board of Directors of the Company (KMCL) held on January 10, 2006, the Board have proposed to issue 20,65,000 Equity shares of Rs.10 each to Sanyang Industry Company Limited (SYM) (hereinafter referred to as 'the Investor') @ Rs.66/- per share (including premium of Rs.56 per share) for the aggregate amount of Rs.13.63 crores. The issue price of Rs.66 is the price calculated as per the formula specified in Chapter XIII of SEBI (Disclosure & Investor Protection) Guidelines, 2000. SYM is a listed public limited Company

Clarification of News : The press had reports that Kinetic Motor Company Limited is close to finalising a new joint venture with a Taiwanese company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from Kinetic Motor Company Limited.

Kinetic Motor Company Limited has informed the Exchange that the Company has announced the Book Closure from January 16, 2006 to January 21, 2006 for the purpose of AGM.

Kinetic Motor Company Limited has informed the Exchange that Bennett, Coleman & Co. Ltd. have acquired 14,18,000 shares aggregating to 8.59% of the total paid up capital of Kinetic Motor Company Limited on November 22, 2005. The mode of acquisition is Preferential allotment and the shareholding of Bennett, Coleman & Co. Ltd. after the said acquisition is 14,18,000 shares aggregating to 8.59% of the total paid up capital of Kinetic Motor Company Limited.

Bennett, Coleman & Co. Ltd. has informed the Exchange that Bennett, Coleman & Co. Ltd. have acquired 14,18,000 shares aggregating to 8.59% of the total paid up capital of Kinetic Motor Company Limited on November 22, 2005. The mode of acquisition is Preferential allotment and the shareholding of Bennett, Coleman & Co. Ltd. after the said acquisition is 14,18,000 shares aggregating to 8.59% of the total paid up capital of Kinetic Motor Company Limited.

Kinetic Motor Company Limited has informed the Exchange that pursuant to approval of the Shareholders of the Company, the Board of Directors of the Company in its meeting held on November 21, 2005 have passed Resolution for allotment of 14,18,000 Equity shares of Rs.10 each at the price of Rs.70.52 per share (including premium of Rs.60.52 per share) to Bennett Coleman & Company Limited (BCCL).

Kinetic Motor Company Limited has submitted the notice of the EGM to be held on November 09, 2005. The details of the notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Kinetic Motor Company Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on October 11, 2005 have passed resolution for issue of 14,18,000 Equity Shares of Rs.10 each at a price of Rs.70.52 per Equity share (including a premium of Rs.60.52 per share) on preferential issue basis, to Bennett Coleman & Company Limited, Mumbai, subject to the approval of the shareholders in the EGM proposed to be held on November 09, 2005.

Kinetic Motor Company Limited has submitted the notice of the EGM to be held on April 19, 2005. The details of the notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Kinetic Motor Company Limited has informed the Exchange that the BOD's in its meeting held on March 05, 2005, has decided to increase Authorised Share Capital of the Company. The Board noted that there are good opportunities in Two-Wheeler market and considering the need for launching of new Models, business restructuring, better fund management and to become globally competitive, higher levels of investment are required to be made. The Company has been exploring and evaluating possibilities of strategic tie-ups, joint ventures and has been considering various options for short term/long term

Kinetic Motor Company Limited has informed the Exchange that Mr. P. C. Jain after completing his tenure as Director (Finance) has ceased to be Director of the company w.e.f January 27, 2005.