K.P. Energy Limited has notified the stock exchanges of an upcoming Board of Directors meeting scheduled for Thursday, May 7, 2026, at its registered office in Surat, Gujarat. The intimation has been filed pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agenda Items

The board meeting has been convened to transact the following key businesses:

Trading Window Closure

In accordance with the Company's Code of Conduct to regulate, monitor, and report trading by insiders, and pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window Closure Period will remain in effect until 48 hours after the financial results are made public.

Filing Details

The intimation, bearing reference number KPEL/BM/MAY/2026/I-641, was dated May 4, 2026, and signed by Affan Faruk Patel, Whole Time Director (DIN: 08576337). The communication was addressed to both BSE Limited and the National Stock Exchange of India Limited. K.P. Energy is an ISO 14001:2015, ISO 9001:2015, and ISO 45001:2018 certified company headquartered at 'KP House', Canal Road, Bhatar, Surat-395017, Gujarat.

KP Energy Limited has secured a significant regulatory approval that expands its operational capabilities in India's power sector. The Central Electricity Regulatory Commission (CERC) granted the company an Inter-State Electricity Trading Licence (Category V) on April 23, 2026, marking a strategic milestone in the company's growth trajectory.

Regulatory Approval Details

The Inter-State Electricity Trading Licence represents a crucial authorization that enables KP Energy to conduct electricity trading operations across state boundaries. This regulatory clearance positions the company to participate actively in nationwide power markets, significantly expanding its commercial reach beyond regional limitations.

Enhanced Market Capabilities

The licence approval unlocks several strategic advantages for KP Energy's power trading operations. The company can now access demand centres across multiple states, moving beyond region-specific offtake arrangements that previously constrained its market reach.

The new authorization enables KP Energy to:

• Access demand centres across multiple states beyond region-specific offtake arrangements
• Optimize power sales dynamically based on market conditions and pricing signals
• Engage with a broader customer base including utilities and commercial & industrial consumers
• Participate in exchange-led and short-term markets complementing long-term contracting strategies

Management Commentary

Dr. Faruk G. Patel, Founding Promoter & Managing Director, emphasized the strategic significance of this development. He stated that the inter-state electricity trading licence marks a significant milestone for KP Energy Limited as the company expands its capabilities in the power markets. The licence enhances flexibility in power sales, enables better realizations through market-linked mechanisms, and supports the strategy of building a more integrated renewable energy platform.

Strategic Alignment

This regulatory approval aligns with KP Energy's broader strategy of strengthening its commercial and market-facing capabilities. The licence represents a foundational step towards building a scalable presence in India's electricity trading ecosystem, enabling the company to leverage market dynamics for optimized power sales.

Company Background

Established in 1994 by Dr. Faruk G. Patel, KP Group has evolved into a multi-faceted conglomerate with core expertise in renewable energy, infrastructure, and innovation. Over three decades, the group has championed sustainability through transformative projects in wind and solar energy, contributing to India's green energy mission. The group maintains ISO 14001:2015, ISO 9001:2015 and ISO 45001:2018 certifications and operates as a listed entity on both NSE and BSE exchanges.