Shares of Kaynes Technologies closed 6.3% lower at Rs 4,971.50 today after Kotak Institutional Equities raised concerns regarding inconsistencies in the company's related-party disclosures for FY2025. In a note, Kotak said it had identified multiple mismatches between the disclosures made by Kaynes Technology, Kaynes Electronics Manufacturing, and its subsidiary Iskraemeco for FY2025. Advertisement

According to Kotak, Iskraemeco’s regulatory filings revealed purchases of Rs 180 crore from Kaynes Electronics Manufacturing, yet this transaction did not appear in Kaynes Electronics Manufacturing’s corresponding disclosures.

According to the brokerage, Iskraemeco’s filings show purchases of Rs 180 crore from Kaynes Electronics Manufacturing, but this transaction is not reflected in Kaynes E

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