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KPI Green Energy Limited Holds EGM; Approves Preferential Issue of Warrants

KPI Green Energy Limited

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January 16, 2026, 08:06 AM

KPI Green Energy Limited held an EGM on January 16, 2026, approving a preferential issue of warrants to the promoter group. The resolution passed with strong support, reflecting the company's strategic move for fundraising. The meeting confirmed the approval of the preferential issue on a private placement basis.

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KPI Green Energy Limited announced the details of the voting results from its Extra Ordinary General Meeting (EGM) held on Friday, January 16, 2026. The meeting, which commenced at 11:00 a.m. and concluded at 11:28 a.m., was conducted through Video Conferencing (VC) / Other Audio Video Means (OAVM). The primary agenda item considered and approved was the preferential issue of warrants on a private placement basis to persons belonging to the promoter group. The company also submitted the consolidated report of the Scrutinizer on remote e-voting and e-voting during the EGM. The record date for the meeting was January 9, 2026, with a total of 314,544 shareholders on record. The resolution required for the preferential issue was passed as a special resolution, with promoters and promoter group holding 97,658,531 shares and public institutions holding 18,501,768 shares. The voting results indicated overwhelming support for the resolution, with 98.75% of the total votes polled in favor and 1.25% against.

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