Kaynes Tech To Invest $17.7 Million In Singapore-Based Unit By June 2026

Kaynes Technology India Ltd. will invest $17.70 million in its wholly-owned subsidiary, Kaynes Holding Pte. Ltd., by acquiring 17.52 million shares at $1.01 each. The investment, to be made in one or more tranches, is expected to be completed by June 30, 2026, the company said.

Kaynes Holding, based in Singapore, handles electronics system design, manufacturing, and strategic acquisitions. Its net worth stood at ₹653.3 million as of March 31, 2025.