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KPI Green Energy informs about outcome of board meeting

22 Dec 2023 Evaluate
KPI Green Energy has informed that the Board of the Company at its meeting held today, Friday, December 22, 2023 approved the issue and allotment of 25,35,925 Equity Shares, to eligible QIBs at the issue price of ? 1,183.00 per Equity Share (including a premium of ? 1,173.00 per Equity Share, (which includes a discount of ? 62, 4.98% of the floor price, as determined in terms of SEBI ICDR Regulations), aggregating to ? 3,000 million (Rupees Three Thousand Million Only), pursuant to the QIP. Pursuant to the allotment of Equity Shares under the QIP, the paid-up equity share capital of the Company stands increased from ? 376.52 million consisting of 3,76,52,480 Equity Shares to ? 401.88 million consisting of 4,01,88,405 Equity Shares each. The shareholding pattern of the Company before and after the Issue, will be submitted along with listing application in the format specified in Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 10:47 am and the meeting was concluded at 11:52 am. Further attached the list of allottees who have been allotted more than 5 percent of the Equity Shares of the Issue size marked as Annexure A.

The above information is a part of company’s filings submitted to BSE.

KPI Green Energy Share Price

442.30 8.00 (1.84%)
16-Apr-2026 15:49 View Price Chart
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