KINETICMOT
- Series
- EQ
- F&O
- No
- Status
- Inactive since 22 Mar 2013
Formerly KINHONDA (until 20 Sept 2004). Earlier name: Kinetic Honda Motors Ltd (until 20 Sept 2004).
Source: NSE equity master · as of 21 Mar 2013
- 16 Aug 2011 14:32General update
Kinetic Motor Company Limited has informed the Exchange that pursuant to the shares offered by way of Rights Issue, by Mahindra Two Wheelers Limited, Kinetic Motor Company Limited has subscribed to and has been allotted 3.17 crore additional equity shares, thereby taking the total holding of the Company in the equity capital of Mahindra Two Wheelers Limited, to 6.12 crore.
- 30 Jul 2008 17:47General update
Kinetic Motor Company Limited has informed the Exchange that in the meeting of Board of directors of the Company held on July 30, 2008 following decisions have been taken : 1) Board has given an In-Principal approval to enter into a transaction with Mahindra & Mahindra Limited or their affiliate, for transfer/sale of the specific Business Assets of the company situated at Madhya Pradesh as well as Maharashtra to a wholly owned subsidiary of Mahindra & Mahindra Limited (New Company, under formation) for a total cash consideration of Rs. 100.00 - Rs. 110.00 Crores and a consideration in the form
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