K.P. Energy Limited has signed a non-binding letter of intent with Raz Holding Group, a diversified Saudi conglomerate, for strategic investment and partnership in Indian renewable energy.

The agreement outlines potential structures including acquisitions, capital infusion, or operational collaboration. Final terms, instruments, and valuation will be determined following mutual due diligence. The parties have agreed to an exclusivity period of ninety days, valid until November 18, 2026, to negotiate and execute definitive agreements.

Deal Structure and Conditions

The proposed transaction is subject to several key conditions precedent:

• Satisfactory completion of financial, legal, tax, technical, and ESG due diligence.
• Execution of definitive and legally binding agreements.
• Necessary corporate, board, and shareholder approvals from both parties.
• Regulatory approvals under FEMA/RBI, SEBI, and competition law requirements.

The letter of intent is explicitly non-binding in its entirety. It does not create any obligation for either party to proceed with the transaction. Any binding commitment will arise solely upon the execution of definitive agreements.

Strategic Context

Dr. Faruk G. Patel, Founding Promoter of KP Group, stated that the interest from Raz Holding Group endorses the quality of assets built over three decades. He noted that international capital is increasingly viewing Indian clean-energy platforms as attractive partners.

KP Group operates across solar and wind independent power production (IPP), engineering procurement and construction (EPC), transmission, and manufacturing. The group also holds emerging positions in battery energy storage systems (BESS), cell manufacturing, operation and maintenance services, and green hydrogen.

Raz Holding Group, established in 2008, has interests spanning investments, real estate, finance, fintech, consulting, artificial intelligence, healthcare, education, defence, media, and creative industries.

K.P. Energy Limited will host a group of analysts and institutional investors for a site visit on Tuesday, August 25, 2026. The event is scheduled to take place at the company’s wind project sites in Gujarat, providing stakeholders with an on-ground view of its renewable energy operations.

Meeting Details

The company disclosed the engagement pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Officials from K.P. Energy will interact with the investor group during the visit.

The firm emphasized that discussions during the meeting will be strictly confined to information already available in the public domain. No unpublished price-sensitive information is proposed to be shared by the company during the interaction.

Schedule and Logistics

The schedule of the meeting is subject to change due to exigencies on the part of the investors or the company. The disclosure was signed by Affan Faruk Patel, Whole Time Director, and dated August 20, 2026.

This information is also available on the company’s website at www.kpenergy.in .