KPI Green Energy expands renewable focus, updates governance at AGM

KPI Green Energy Limited announced on September 26, 2025, that its shareholders approved an alteration to the Main Object Clause of the Memorandum of Association (MoA) at the 17th annual general meeting (AGM). The revised MoA now permits the company to engage in establishing, generating, storing, and trading various forms of electricity, including thermal, hydro, nuclear, solar, wind, hybrid, geo-thermal, tidal, and biomass. Furthermore, the company can now develop, own, operate, and deal in Battery Energy Storage Systems (BESS) and related infrastructure in India and abroad.

The AGM, held virtually on September 26, 2025, also covered several other resolutions. These included the adoption of audited financial statements for the fiscal year ended March 31, 2025, and the confirmation of interim dividends totaling 12%. A final dividend of 4%, or INR 0.20 per equity share, was also declared.

Shareholders further approved the re-appointment of Mohmed Sohil Yusufbhai Dabhoya as a director and the appointment of M/s Chirag Shah & Associates as secretarial auditors for a five-year term. Key special resolutions passed at the AGM involved increasing the company's borrowing powers and expanding the limits for selling, leasing, or otherwise disposing of undertaking assets, as well as creating charges or security over company assets.