KPI Green Energy Limited shareholders approved a material related party transaction with Sun Drops Energia Limited, formerly known as Sun Drops Energia Private Limited. The ordinary resolution passed with 64.16% of the valid votes cast in favor, while 35.84% voted against it.

The voting results were submitted to stock exchanges on September 26, 2026, pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot, conducted exclusively through electronic means, concluded on September 24, 2026. The scrutinizer’s report confirmed that the requisite majority was achieved for the single agenda item presented.

Voting breakdown by shareholder category

The approval was driven primarily by retail non-institutional shareholders, who overwhelmingly supported the transaction. In contrast, institutional investors displayed strong dissent, casting a majority of their votes against the proposal. Promoters and promoter group members abstained from voting entirely, as they were interested parties in the transaction.

What the numbers show

The data reveals a stark divergence in sentiment between institutional and retail investors regarding this related party transaction. While public institutions voted against the resolution by a margin of 84.45%, public non-institutions supported it by 99.76%. This split suggests that institutional investors may have concerns about the valuation or fairness of the deal that retail shareholders did not share or prioritize. The promoters’ complete abstention from voting highlights the regulatory requirement for interested parties to refrain from influencing such decisions, leaving the outcome entirely dependent on public shareholder consensus.

**KPI Green Energy Limited** will host a meeting with analysts and investors on September 28, 2026. This engagement forms part of a concentrated three-day period of investor interaction in Mumbai, concluding with an Investor Day on September 30.

The management team will engage in group interactions and one-on-one meetings with analysts, investors, and funds. Discussions will focus on company-specific developments. This schedule extends the firm's late-September calendar, which also includes participation in the JM Financial Environmental & Energy Conclave on September 24.

Investor Engagement Schedule

The company disclosed the schedule pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation for the Investor Day will be submitted to the stock exchanges before the meeting begins.

Disclosure Standards and Compliance

For all scheduled events, KPI Green Energy stated that discussions will refer only to publicly available documents. No unpublished price sensitive information (UPSI) is intended to be discussed during these interactions. The company emphasized that the schedule for the meetings is subject to change due to exigencies on the part of analysts, investors, or the company itself.

Krunal Bhatt, Company Secretary & Compliance Officer, signed the intimation for the Investor Day dated September 22, 2026. This matches the date of the intimation for the Non-Deal Roadshow, while the earlier conclave intimation was dated September 21, 2026. Full disclosures have been hosted on the company's website for record purposes.