KPI Green Energy Limited has completed the allotment of 1,01,00,000 fully convertible equity warrants to its promoter group entity Quyosh Energia Private Limited through preferential issue on February 18, 2026. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Warrant Allotment Details

The preferential allotment significantly impacts the shareholding structure of KPI Green Energy. The warrants represent 4.87% of the company's total diluted share capital and increase the promoter group's collective holding on a fully diluted basis.

Shareholding Impact Analysis

The warrant allotment has altered the promoter group's shareholding pattern on a diluted basis. Before the allotment, the promoter group held 49.49% of the total share capital, which has now increased to 51.95% on a fully diluted basis.

Key Promoter Group Entities

The promoter group comprises seven entities, with Farukbhai Gulambhai Patel holding the largest stake of 9,59,52,136 shares (48.62% of total share capital). Other promoter group members include Gulammahmad Alibhai Patel, Vahidabanu Faruk Patel, Rashida Gulam Patel, Aayesha Farukbhai Patel, and Affan Faruk Patel.

Share Capital Structure

Post-allotment, the company's equity share capital remains unchanged at ₹ 98,67,05,365 consisting of 19,73,41,073 equity shares with a face value of ₹ 5 each. However, the total diluted share capital, assuming full conversion of warrants, stands at ₹ 1,03,72,05,365 consisting of 20,74,41,073 equity shares.

The disclosure was signed by Moh. Sohil Yusufbhai Dabhoya, Director of Quyosh Energia Private Limited, and submitted to both BSE Limited and National Stock Exchange of India Limited where KPI Green Energy's shares are listed.

KPI Green Energy Limited has announced receipt of substantial orders from Adani Group entities for execution of electrical, civil and allied work for a 300 MWac/405 MWdc project at the Khavda Hybrid Renewable Power Project in Gujarat. The company disclosed this development to stock exchanges on February 10, 2026, under Regulation 30 of SEBI listing requirements.

Project Scope and Technical Details

The comprehensive project scope encompasses multiple technical components essential for solar power infrastructure development. The work includes execution of electrical AC-DC works, civil works comprising pile foundation, installation of stubs, erection of module mounting structures, modules, robotic cleaning system structures and IDT stations. Additionally, the company will supply electrical DC/AC & HT equipment, excluding main equipment, as detailed in the respective Service Orders and Purchase Order.

Expanded Partnership with Adani Group

The latest orders significantly strengthen KPI Green Energy's collaboration with Adani Group entities at the Khavda renewable energy park. With receipt of these new contracts, the aggregate orders received by the company from Adani Group entities for Khavda projects now stand at 834 MWac/1,131 MWdc. This total includes the 534 MWac/726 MWdc order that was previously announced to stock exchanges on January 16, 2026.

Strategic Positioning and Execution Framework

These orders reflect KPI Green Energy's continued engagement as a trusted execution partner for large-scale utility renewable energy projects. The contracts align with the company's strategy to enhance its execution capabilities across marquee renewable energy developments. The execution will be carried out in a phased manner in accordance with the timelines stipulated under the respective Service Orders and Purchase Order.

Regulatory Compliance and Disclosure

The company has confirmed that the orders do not constitute related party transactions and that promoter groups have no interest in the awarding entities. The contracts represent arm's length transactions with domestic entities, ensuring compliance with regulatory requirements. KPI Green Energy has provided comprehensive details as mandated under Regulation 30 of SEBI LODR Regulations and the SEBI Master Circular dated November 11, 2024.