|₹90.8 / ₹26|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Promoted by N K Firodia and H K Firodia, Kinetic Engineering was incorporated as a private limited company in Oct. '70. It became a public limited company with effect from 1 Oct. '75. In Jan. '72, the company started producing the Luna brand of mopeds designed and developed indigenously, at its plant at Chinchwad, near Pune. In 1984, along with Honda Motor Company, Japan, the company promoted Kinetic Honda Motors to manufacture scooters based on the latest technology sourced from Honda Motor Company. In 1998 it raised its stake in Kinetic Honda Motor Ltd (KHML) to 70 per cent as per the agreement signed with Honda Motor Co, thereby making it a subsidiary.