K.P. Energy shareholders approve independent director appointment

K.P. Energy Limited has disclosed the results of its postal ballot, confirming the approval of Dr. Indu Gupta Rao's appointment as a non-executive independent director. The resolution, proposed in a notice dated November 14, 2025, was passed by a requisite majority via remote e-voting, which concluded on December 17, 2025.

The voting results show significant shareholder participation and support. A total of 34,243,084 votes were polled, representing 51.18% of the outstanding shares. Of these, 34,242,427 votes (99.9981%) were cast in favor of the resolution, with only 657 votes (0.0019%) cast against it. Both promoter and public shareholders demonstrated strong approval, with 100% of promoter votes and 99.98% of public votes supporting the appointment.

The company engaged Chirag Shah and Associates as the scrutinizer for the remote e-voting process. The scrutinizer's report, issued on December 17, 2025, confirms that the resolution passed as a Special Resolution, with 100% of polled votes in favor. The company's record date for the ballot was November 14, 2025, with 68,609 shareholders on record.