KPI Green Energy Limited informed the stock exchanges that its Board of Directors, at a meeting held on September 1, 2025, considered and approved several key matters, including the Director’s Report, secretarial audit report, and multiple resolutions relating to corporate governance, borrowing powers, and expansion of business objectives.
The board recommended the re-appointment of Whole Time Director Mr. Mohmed Sohil Yusufbhai Dabhoya (DIN: 07112947), who is retiring by rotation and has offered himself for re-appointment in line with the provisions of the Companies Act, 2013. It also approved special resolutions for increasing the borrowing powers of the company, raising limits on loans and investments, and enhancing authority to sell, lease or dispose of assets and create charges over company undertakings.
Further, the board cleared a proposal to alter the main object clause of the company’s Memorandum of Association (MoA). Subject to shareholders’ approval, the new clause will expand the company’s scope to cover a wide range of power generation and storage businesses, including solar, wind, hydro, nuclear, geothermal, tidal, biomass, hybrid models, and advanced energy storage technologies such as Battery Energy Storage Systems (BESS).
The board also approved the remuneration of the cost auditor, appointed M/s. Chirag Shah and Associates as the scrutinizer for e-voting at the upcoming Annual General Meeting (AGM), and finalised the draft notice for the 17th AGM, scheduled for September 26, 2025, via video conferencing and other audio-visual means.
Key dates were also fixed. The cut-off date for e-voting has been set as September 19, 2025, with the e-voting window open from September 23 to September 25, 2025. The record date for determining members eligible for the final dividend, if declared at the AGM, has been fixed as September 12, 2025.
The board meeting commenced at 12:35 pm and concluded at 1:25 pm at the company’s registered office.
