Mumbai, Nov. 13 -- Kaynes Technology India has executed a binding term sheet dated 12 November 2026 amongst the Company (along with its Affiliate(s)), Kaynes Semicon (KSPL), the wholly owned subsidiary of the Company, Vishay Intertechnology, Inc. (Vishay) and Ecomal Nederland B.V. (Ecomal), the wholly-owned subsidiary of Vishay, for the establishment of a joint venture through KSPL to provide semiconductor back-end manufacturing services.

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