Kinetic Engineering Appoints Vinayak Shevade As CFO

Kinetic Engineering Ltd has appointed Vinayak Jayaram Shevade as its Chief Financial Officer, effective February 19, 2025.

Shevade, a chartered accountant and commerce graduate from Mumbai University, has three decades of experience in financial planning, risk management, and regulatory compliance. He previously held leadership roles at Kinetic Honda Motor Pvt. and Mahindra Two-Wheelers Pvt. Ajinkya Firodia, Vice Chairman and Managing Director, said Shevade’s expertise would support the company’s strategic objectives. The appointment comes as Kinetic Engineering plans fresh investments, including issuing convertible warrants worth Rs 177 crore, to expand its revenue from Rs 150-160 crore to Rs 1,000 crore.

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