KPI Green Energy Limited's Board of Directors, in a meeting held on December 17, 2025, has approved the creation, offer, issue, and allotment of up to 1,01,00,000 (One Crore One Lakh) fully convertible equity warrants. These warrants are to be issued by way of a preferential issue at a price of ₹470.30 per warrant to Quyosh Energia Private Limited, an entity belonging to the promoter group. The total value of this preferential issue is approximately ₹475,00,30,000 (Rupees Four Hundred Seventy-Five Crores and Thirty Thousand). The issue price includes a premium of ₹465.30 per warrant. Quyosh Energia Private Limited will be required to pay 25% of the warrant price at the time of allotment and the remaining 75% upon the exercise of their right to subscribe to equity shares. The Board has also fixed December 17, 2025, as the relevant date for determining the floor price for this preferential issue. Furthermore, the company has scheduled an Extra-Ordinary General Meeting (EGM) for January 16, 2026, to be held through Video Conference/Other Audio-Visual Means, to seek shareholder approval for these matters. The cut-off date for e-voting has been set for January 9, 2026, with the e-voting period running from January 13 to January 15, 2026. M/s. Chirag Shah and Associates, Practicing Company Secretaries, have been appointed as the scrutinizer for the voting process at the EGM. The meeting of the Board of Directors commenced at 10:35 a.m. and concluded at 11:14 a.m. The warrants have a tenor of 18 months from the date of their allotment and are convertible into one equity share each.