Indo-National's Kineco bags its first patent for Railway Sliding Door Assembly; stock climbs ~2%

15 Jun 2022 , 11:37 AM

Indo-National Limited (Nippo) informed that its subsidiary Kineco Ltd has received a Patent from the Indian Patent Office for its novel innovation of “Eccentric Assembly for Sliding Door”.

This product is invented by the company’s in-house Product Design & Development Centre.

Kineco in-house Product Design & Development Centre was created in 2019 in order to indigenously develop advanced systems for world-class train coaches for Indian and global markets.

The centre is being led by global experts of train technologies and includes a cross-functional engineering team of designers & specialists from various engineering disciplines.

Since the alignment of the door leaf through conventional assemblies is time-consuming, difficult, and burdensome. Through the development of this patented invention of a sliding door assembly, not only will the automatic sliding door be more compact, but it will also make door alignment more effective, making its installation and operation easy.

Kineco will use the patented assembly primarily as compartment doors for trains. However, it can also be used for all types of Automatic Sliding doors, across diverse transportation applications. Further, it can serve commercial uses like in Industries, Offices, or Hospitals.

Indo National (Nippo) is currently trading at Rs338 up by Rs6.05 or 1.82% from its previous closing of Rs331.95 on the BSE. The scrip opened at Rs338.70 and has touched intraday high and low of Rs343 and Rs336.95 respectively.