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BusinessSep 01, 2025 10:03 PM

Kaynes Semicon to allot convertible preference shares to UST, offer up to 10 pc stake

New Delhi, Sep 1 (PTI) Chip company Kaynes Semicon will allot 27,778 compulsorily convertible preference shares, offering up to 10 per cent share capital upon conversion, to US Technology International (UST) for collaboration in the semiconductor packaging business, according to an exchange filing. Kaynes Semicon, a wholly-owned subsidiary of Kaynes Technology India Ltd, is setting up an Outsourced Semiconductor Assembly and Test (OSAT) plant in Sanand, Gujarat. Kaynes Semicon Private Limited ...Read More >

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