K.P. Energy Limited has announced that its Board of Directors will convene on Wednesday, January 21, 2026, at the company's registered office to consider crucial financial matters for the third quarter of fiscal year 2026. The meeting has been scheduled in compliance with Regulation 29 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting will address several key business items that are significant for shareholders and market participants. The primary focus will be on reviewing the company's financial performance for the recently concluded quarter.

Key Meeting Details

The board will specifically consider and approve the standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025. This comprehensive review will provide insights into the company's operational and financial performance during this period.

Additionally, the directors will deliberate on declaring a third interim dividend on the equity shares of the company for the financial year 2025-26. This potential dividend declaration demonstrates the company's commitment to returning value to shareholders.

Trading Window and Compliance

In accordance with the company's code of conduct and SEBI (Prohibition of Insider Trading) Regulation, 2015, K.P. Energy Limited has implemented appropriate trading restrictions. The trading window closure period will conclude 48 hours after the financial results are made public on January 21, 2026.

The meeting notification was signed by Affan Faruk Patel, Whole Time Director (DIN: 08576337), and communicated to both BSE Limited (Script Code: 539686) and National Stock Exchange of India Limited (Symbol: KPEL) as per regulatory requirements.

Company Background

K.P. Energy Limited operates from its registered office at 'KP House', Near KP Circle, Opp. Ishwar Farm Junction BRTS, Canal Road, Bhatar, Surat-395017, Gujarat. The company holds ISO 14001:2015, ISO 9001:2015, and ISO 45001:2018 certifications, reflecting its commitment to quality and environmental standards.

KP Energy Group has signed a major Memorandum of Understanding with the Government of Gujarat for developing renewable energy projects worth approximately ₹4,000 crore in the state. The agreement was finalized at Marwadi University, Rajkot, during the Vibrant Gujarat Regional Conference, marking a significant milestone in Gujarat's renewable energy expansion.

Project Portfolio and Capacity

The MoU outlines comprehensive plans for renewable energy projects with an aggregate capacity of around 855 MW across multiple Gujarat locations, including Devbhumi Dwarka and Kutch. The projects comprise both solar power installations and ISTS-connected wind-solar hybrid facilities, demonstrating the group's diversified approach to renewable energy development.

Implementation Framework

Implementation will proceed in phases, subject to obtaining necessary statutory approvals and clearances from relevant authorities. Under the agreement, the Gujarat government will facilitate KP Group in securing required permissions, registrations, and approvals from state authorities in accordance with applicable regulations. The investment is expected to generate employment for over 4,000 people, contributing significantly to local economic development.

Company Background

Founded in 1994 by Dr Faruk G. Patel, KP Group operates across renewable energy, infrastructure, and innovation sectors. The conglomerate has developed projects in wind, solar, hybrid energy, battery energy storage systems, and green hydrogen over three decades, establishing itself as a prominent player in India's renewable energy landscape.

Market Performance

The shares of KP Energy Ltd were trading at ₹319.25, up by ₹1.25 or 0.39 per cent, while KPI Green Energy Ltd shares were trading at ₹450.00, up by ₹8.55 or 1.94 per cent on the NSE at 1:05 pm, reflecting positive market sentiment following the announcement.