Kinetic Engineering Appoints Vinayak Shevade as New CFO

He succeeds Ajinkya Arun Firodia, who has stepped down as CFO to take on the role of Vice Chairman of the company and Managing Director of Kinetic Watts and Volts Ltd., a subsidiary of Kinetic Engineering.

February 17, 2025. By Aishwarya

Kinetic Engineering Ltd. has announced the appointment of Vinayak Jayaram Shevade as its new Chief Financial Officer (CFO).

The decision was taken by the Board of Directors during a meeting held on February 14, 2025. Shevade, a Chartered Accountant and B. Com graduate from Mumbai University, brings over three decades of experience in finance, accounts, and taxation, having previously worked with companies such as Kinetic Honda Motor, Mahindra Two Wheelers, and Kinetic Engineering.

He succeeds Ajinkya Arun Firodia, who has stepped down as CFO to take on the role of Vice Chairman of the company and Managing Director of Kinetic Watts and Volts Limited, a subsidiary of Kinetic Engineering Ltd..

KEL Vice Chairman and Managing Director Ajinkya Firodia said Shevade's financial expertise would help advance the company's strategic objectives.

Shevade, a Chartered Accountant and Commerce graduate from Mumbai University, has extensive experience in financial planning, risk management, and regulatory compliance.

Kinetic Engineering has been a significant player in India's automotive component manufacturing sector. The company has navigated various market cycles, transitioning from two-wheeler manufacturing to becoming a key supplier of automotive components.

In recent years, KEL has focused on expanding its product portfolio to include electric vehicle components, responding to the automotive industry's shift toward electrification.

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Sustainable Transport

Automotive component manufacturing

Electric Vehicles

Electric vehicle supply chain

Electric Vehicle components

Electric vehicle adoption

Electric mobility