Kaynes Tech share price continued to slide on Wednesday, falling 10% to Rs 3,947, extending losses that began on Dec. 4. (Photo source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Kaynes Technology India Ltd. said on Wednesday that it is not aware of any large institutional investor exiting the stock, even as shares have dropped more than 25% since early December after a brokerage report raised questions on the company’s financial disclosures.

The company’s shares continued to slide on Wednesday, falling 10% to Rs 3,947, extending losses that began after a Dec. 4 note from Kotak Institutional Equities flagged issues related to accounting treatment, cash flows and disclosures.

The sell-off followed scrutiny of Kaynes’ FY25 annual report, particularly arou

See Full Page