KAYNESKaynes Technology India Ltd.
Kaynes Technology India incorporates Saudi subsidiary KAEC for electronics
- Mergers & acquisitions
- electronics manufacturing services
Reviewed byKeshav SehgalBlacklitt Research
Kaynes Technology India (NSE: KAYNES) has incorporated Kaynes Arabia Electronics Company as a wholly owned subsidiary to expand its business presence in electronic manufacturing and assembly, it said in a filing on 02 Nov 2026. The subsidiary was incorporated on 02 Nov 2026 and has an authorised share capital of SAR 100,000.
The subsidiary's stated business and capital
Kaynes Arabia Electronics Company, a limited liability company with National Number 7055502962, was incorporated on 02 Nov 2026. The company owns 100% of its shareholding.
The subsidiary will manufacture and assemble electronic products and sub-assemblies, primarily for customers in Saudi Arabia and other GCC countries, and proposes to operate mainly in Saudi Arabia. The filing describes the purchase as cash consideration, with the authorised capital of SAR 100,000 to be invested as business requirements and applicable laws allow. The paid-up capital is shown as NA.
How it fits the company
The Board of Directors approved the incorporation on 07 Aug 2026.
At Blacklitt's data, Kaynes Technology India had a market value of ₹21,518 crore on 02 Nov 2026 and reported total income of ₹960.45 crore in Q1 FY27 on a consolidated basis, up 37.1% year on year. The authorised capital of SAR 100,000 is small against that base.
What the subsidiary means for Kaynes Technology India's shareholders
The step adds a wholly owned subsidiary in Saudi Arabia's market, with nominal authorised capital. Not stated: how much capital will actually be paid in, when the subsidiary will start operating, the products it will make beyond the general description, and the turnover and net worth of the new company.
At a glance
| Item | Detail |
|---|---|
| Subsidiary | Kaynes Arabia Electronics Company (KAEC) |
| Incorporated | 02 Nov 2026 |
| Authorised share capital | SAR 100,000 |
| Paid-up capital | NA |
| Holding | 100% |
| Stated business | Manufacturing and assembly of electronic products and sub-assemblies |
Filed with BSE on . Reference: Original filing (PDF)
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