Share news: After the market closed, the company gave information about increasing the stake.

News Topical, Digital Desk : Electronics company Kaynes Technology announced after the stock market closed on Thursday that its wholly-owned subsidiary, Kaynes Holding Pte Ltd (Kaynes Singapore), has signed a Share Purchase Agreement (SPA) with Frauscher Sensor Technology Group GmbH. Under this agreement, Kaynes Singapore has acquired an additional 7% stake in Sensonic GmbH. The SPA was executed on October 20, 2025, and Kaynes Technology India Ltd received notice on October 23, 2025. The transaction is valued at just 1 Euro.

Following this deal, Kaynes Holding Pte.'s stake in Sensonic GmbH will increase. This transaction will not impact the management or control of Kaynes Technology India and is not classified as a related party transaction. In June, the company raised ₹1,600 crore through a Qualified Institutional Placement (QIP), issuing 28.73 lakh equity shares at ₹5,569.50 per share. 

Share Performance: The company's shares closed at ₹6,700 on Thursday, down 2.43%. Over the past year, the company's stock has gained 22.50%. 

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