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कायनेटिक इंजीनियरिंग > कंपनी इतिहास > Auto - 2 & 3 Wheelers > कंपनी इतिहास का कायनेटिक इंजीनियरिंग - बीएसई: 500240, NSE: KINETICENG

कायनेटिक इंजीनियरिंग

बीएसई: 500240  |  NSE: KINETICENG  |  ISIN: INE266B01017  |  Auto - 2 & 3 Wheelers

कंपनी इतिहास - कायनेटिक इंजीनियरिंग
YEAR                                                     EVENTS
 1975 - The company was incorporated as a private limited company on
 8th
        October and commenced production soon after.  It was
 converted
        into a public limited company on 1st October.
 
      - The Company is engaged in the manufacture of Luna mopeds and
        business in leasing and hire purchase financing.
       
 1977 - The company purchased from Jaya Hind Motors the technical
        know-how for the manufacture of engine and gear box,
 including
        drawing material specifications, process sheets on payment of
        Rs.1 lakh.
 
 1980 - The company entered into an agreement with Morini Franco
 Motor,
        SPA of Italy on 6th April for the purchase of the technical
        know-how of their engine.       
         
 1983 - The company obtained a licence to increase the capacity to
 200000
        mopeds per annum.       
         
 1984 - The company received approval for entering into an
 collaboration
        agreement with Dr. G.L. Sessa, an Italian firm, for the
        manufacture of 3 wheelers.  A letter of intent was received
 for
        increasing the overall licensed capacity from 200000 to
 400000
        motorised two wheelers.     
         
 1985 - A new moped Kinetic Swift incorporating advanced variator
        technology was launched.  With the governments endorsed on
 its
        manufacturing licence the company became eligible for the
        manufacture of motorised 2 wheelers and 3 wheelers upto 350cc.
 
         
 1986 - Various CNC machines were installed and commissioned.
         
 1987 - The company was accorded registration to manufacture 200000
 sets
        each of automobile gears and shafts, automobile variator
        assembly, cylinder block, cylinder head, crank cases and
 covers,
        crank shaft assembly and connecting rods and 50000 sets of
        automobile electrical starter motor, AC generators and
 electronic
        ignition systems.              
         
 1989 - New mopeds such as Luna Magnum and `Spark DX' were
 introduced.
 
 1990 - The company allotted on 21st June, 43,0000 `A' equity shares
 of
        Rs.10 each for cash at par to the employees who were in
 service
        for than 5 years at the time of offer and working directors
 of
        the company.  These `A' equity shares should not be disposed
 for
        a period of 5 years from the date of allotment.
                                           
      - The company was permitted to set up an assembly plant to
        manufacture and assemble 75000 mopeds per annum of its
 existing
        licensed capacity of 400000 mopeds per annum.
 
      - The company received registration to manufacture advanced
 colour
        television sets and colour television chassis at Pune at
        Ahmednagar.
 
      - The company promoted a joint venture with 20th Century
 Finance
        Corporation Ltd., Mumbai under the name and style of 20th
 Century
        Kinetic Finance Ltd.  Two more finance companies namely
        Integrated Finance Ltd., and Kinetic Capital Finance Ltd were
        also promoted.
                 
 1991 - New mopeds such as Safari and Luna Wings were introduced. 
        The company developed a unique television which would function
 as
        home computer and Hi-FI-stereo.
 
 1992 - The Company introduced Luna Wings a new moped which offers
        freedom. 
 
 1993 - The Company has allotted 50,000 A No. of Equity Shares of Rs.
        10/- each to the eligible employees of the Company pursuant
 to
        the Special Resolution passed by the members of the Company.
 
 1996 - In recognition of the Company's highest export performance in
        1994, Engineering Export Promotion Council has awarded the    
    
        Company with Certificate of Export Excellence.
 
 1997 - The Company launched K4-100 a new four stroke motorbike
 100cc,
        four geared with a fuel economy rate of 87 kms per litre made
 in
        house technology.
 
      - Kinetic Engineering (KEL) launched its four-stroke bike
        christened K4-100, which is fitted with a newly designed four
 -
        stroke engine developed by the company. 
 
      - Kinetic Safari V2, a 60 cc moped, engineered specifically for
        the South Indian market, was launched by the Pune-based
 Kinetic
        Engineering.
 
 1998 - South Korean motorcycle company Kymko is making its foray in
        India through a technical tie-up with Pune-based Kinetic
        Engineering to produce 150cc 4-stroke motor cycles.
 
      - South Korea based motorcycle company Kymko has inked a
 technical
        pact with Pune-based Kinetic Engineering, whereby Kymko will
        provide technology for the production of pollution free 150cc
 4
        stroke motorcycles.
 
 1999 - Kinetic Engineering has received ISO 9001 certification
 issued
        by Det Norske Veritas (DNV) the international certification
        agency from Norway.
 
      - Kinetic Engineering Ltd (KEL) has signed a technical
        collaboration agreement with Hyosung Motors of South Korea to
        manufacture 4-stroke motorcycles.
 
      - Kinetic launched its much awaited middle-line stylish         
 
        scooterette `Kinetic Style,' in Pune.
 
 2000 - Two-wheeler giant Kinetic launched its new GF bike series
 with
        the first model slated to enter the Indian market in June.
 
      - Kinetic Engineering has been awarded the safety award by the
        National Safety council for its Koregaon Bhima factory for
 zero
        accidents.
 
      - Kinetic Engineering Ltd. has launched Kinetic Online, a
 system
        that facilitates cost-efficient interaction between 
        inter-dependent entities involved in production, supply and
 sales
        of its vehicles in the country.
 
 2001 - Kinetic Engineering has launched an upgraded version of its
 75cc
             scooterette `Style', titled Kinetic StyleSeries 2001. 
 The Company is
             also launching a nationwide campaign to promote the
 product.
 
           - The Compensation Committee of the board of directors of
 the company
              has allotted 18,300 No. of equity shares of Rs 10 each
 at a premium of
              Rs 50 per share to employees exercising their option
 under the company's ESOP.
 
            -Kinetic Engineering's board has allotted 18,400 equity
 shares at Rs 60 per share to employees                          
 exercising their option under the company's employee stock option
 plan.
 
 2002-M K Khera promoted as Joint Managing Director of Kinetic
 Engineering.
 
 2003
 
 -Launches 'Boss', a motorcycle of 115cc tagged at Rs 33,500
 (Ex-showroom price Delhi)
 
 - Kinetic enters executive bike segment with Velocity
 
 2004
 
 -Kinetic Engineering Ltd on February 13, 2004, announced the launch
 of Kinetic Laser, a 170-cc bike that has an advanced four-valve
 engine and features a sporty look. This bike was rolled out in the
 Andhra Pradesh market and the price starts from Rs 49,661.
 
 Kinetic Engineering unveils Kinetic Aquila, its premium motorcycle,
 in the Andhra Pradesh market
 
 -Launches most expensive motorcycle on October 12, 2004
 
 2005
 
 -KEL launches Italijet.
 
 -Kinetic Engg inaugurates new showroom at Mangalore.
 
 2009
 
 -The Company has received an order for supply of specialized
 transmission gear assemblies, from a leading European automobile
 manufacturer.
 
 -The Company has announced a VRS Scheme for its workers at its
 manufacturing facility at Ahmednagar, Maharashtra. The said VRS is
 expected to be beneficial to the Company in the long run, in terms of
 reduction of its wage bill and operating overheads.
 
 2010
 
 -Kinetic Comm. & Italys FGTecnopolo enter Joint Venture to provide
 engg services for infra projects.
 
 2011
 
 -The Board approved the merger of Kinetic Motor Company Limited
 (KMCL) with Kinetic Engineering Limited (KEL).
 
 -Mr. Jinendra Munot was appointed as a director on the Board (as
 Additional Director)
 
 2012
 
 -Kinetic Engineering to introduce new gearboxes.
 
 2013
 
 -Kinetic Motor Company Ltd has been amalgamated with Kinetic
 Engineering Ltd.
 
 2014
 
 -Mr. Ajinkya A. Firodia has been appointed as Managing Director of
 the Company.
 
 2015
 -Kinetic Engineering Ltd titled Kinetic to bring Italian super-bike
 Agusta to India.
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • NEWS FLASH EVE : HDFC Bank का Q2 मुनाफा अनुमान से बेहतर
  • NEWS FLASH EVE : मुनाफा `6345 Cr (`6107 Cr अनुमान था)
  • NEWS FLASH EVE : NII `13,515 Cr (`13,887.6 Cr का अनुमान था)
  • NEWS FLASH EVE : मुनाफा `5010 Cr से बढ़कर `6345 Cr (YoY)
  • NEWS FLASH EVE : ग्रॉस NPA 1.40% से घटकर 1.38% (QoQ)
  • NEWS FLASH EVE : नेट NPA 0.43% से घटकर 0.42% (QoQ)
  • NEWS FLASH EVE : प्रोविजनिंग `2614 Cr से बढ़कर `2701 Cr (QoQ)
  • NEWS FLASH EVE : मुनाफा `73.4 Cr से बढ़कर `91.4 Cr
  • NEWS FLASH EVE : NII `810 Cr से बढ़कर `980 Cr
  • NEWS FLASH EVE : ग्रॉस NPA 1.96% से बढ़कर 2.09% (QoQ)

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