KPI Green Energy expands scope, approves strategic initiatives

The board of directors of KPI Green Energy Limited convened on September 1, 2025, to approve several key resolutions. Among these, the board recommended the re-appointment of Mohmed Sohil Yusufbhai Dabhoya (DIN: 07112947) as whole time director. Additionally, the board approved special resolutions to increase the company’s borrowing powers and the limits for selling, leasing, or disposing of its undertaking, as well as increasing the limits for loans and investments.

A significant outcome of the meeting was the approval for the alteration of the object clause in the company's memorandum of association. The revised clause broadens KPI Green Energy's scope to include establishing, generating, storing, supplying, and dealing in various forms of electricity, including solar, wind, and hybrid sources, and to engage in Battery Energy Storage Systems (BESS) and associated infrastructure.

The board also fixed Friday, September 12, 2025, as the record date for the final dividend payment, subject to approval at the 17th Annual General Meeting (AGM). The AGM is scheduled for Friday, September 26, 2025, at 11:00 a.m. The e-voting cut-off date is September 19, 2025, with the e-voting period from September 23, 2025, at 9:00 a.m. to September 25, 2025, at 05:00 p.m.