Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

K.P. Energy Limited

Meeting Details

The 17th AGM was held on Tuesday, September 29, 2026 through Video Conferencing (VC) / Other Audio Video Means (OAVM). The meeting commenced at 11:30 AM and concluded at 11:53 AM. The record date for determining shareholder eligibility was September 22, 2026.

Shareholder Participation

  • Total number of shareholders on record date: 79,545
  • Shareholders attended through video conferencing: 57 (2 Promoters and 55 Public)
  • No shareholders were present in person or through proxy

Voting Process and Methods

The voting was conducted through:

1. Remote e-voting: Open from Saturday, September 26, 2026 at 09:00 AM to Monday, September 28, 2026 at 05:00 PM

2. E-voting during AGM: Conducted through VC/OAVM facility provided by Central Depository Services (India) Limited (CDSL)

The votes were unblocked on September 29, 2026 at approximately 12:11 PM in the presence of two witnesses: Mr. Raimeen Maradiya and Mr. Malav Bhavsar.

Resolution Summary and Voting Outcomes

All 11 resolutions were passed with overwhelming majority support:

Resolution 1 (Ordinary): To receive, consider and adopt audited standalone and consolidated financial statements for FY2025-26

  • Total votes cast: 35,261,018 shares (52.0111% of outstanding shares)
  • Votes in favor: 35,261,018 (100.0000%)
  • Votes against: 0 (0.0000%)

Resolution 2 (Ordinary): To confirm payment of Interim Dividends during FY2025-26

  • Total votes cast: 35,261,218 shares (52.0111%)
  • Votes in favor: 35,261,218 (100.0000%)
  • Votes against: 0 (0.0000%)

Resolution 3 (Ordinary): To declare final dividend for FY2025-26

  • Total votes cast: 35,261,218 shares (52.0111%)
  • Votes in favor: 35,261,218 (100.0000%)
  • Votes against: 0 (0.0000%)

Resolution 4 (Ordinary): Re-appointment of Mrs. Bhadrabala Dhimantrai Joshi (DIN: 07244587) as Director

  • Total votes cast: 35,260,577 shares (52.0111%)
  • Votes in favor: 35,258,630 (99.9945%)
  • Votes against: 1,947 (0.0055%)

Resolution 5 (Ordinary): Appointment of M S K C & Associates LLP as Statutory Auditors

  • Total votes cast: 35,260,571 shares (52.0111%)
  • Votes in favor: 35,258,624 (99.9945%)
  • Votes against: 1,947 (0.0055%)

Resolution 6 (Ordinary): Appointment of Prof. Sunil Kumar Maheshwari (DIN: 02317160) as Director

  • Total votes cast: 35,261,018 shares (52.0111%)
  • Votes in favor: 35,259,518 (99.9957%)
  • Votes against: 1,500 (0.0043%)

Resolution 7 (Special): Appointment of Prof. Sunil Kumar Maheshwari as Whole Time Director and KMP (Vice Chairman)

  • Total votes cast: 35,261,018 shares (52.0111%)
  • Votes in favor: 35,259,518 (99.9957%)
  • Votes against: 1,500 (0.0043%)

Resolution 8 (Special): Payment of Remuneration to Non-Executive Directors including Independent Directors

  • Total votes cast: 35,245,803 shares (52.0111%)
  • Votes in favor: 35,229,088 (99.9526%)
  • Votes against: 16,715 (0.0474%)

Resolution 9 (Special): Payment of commission to Mrs. Venu Birappa (DIN: 09123017) exceeding 50% limit

  • Total votes cast: 35,257,001 shares (52.0111%)
  • Votes in favor: 35,251,484 (99.9844%)
  • Votes against: 5,517 (0.0156%)

Resolution 10 (Special): Alteration of Articles of Association

  • Total votes cast: 35,260,763 shares (52.0111%)
  • Votes in favor: 35,259,008 (99.9950%)
  • Votes against: 1,755 (0.0050%)

Resolution 11 (Ordinary): Ratification of Remuneration of Cost Auditor

  • Total votes cast: 35,258,763 shares (52.0111%)
  • Votes in favor: 35,255,008 (99.9894%)
  • Votes against: 3,755 (0.0106%)

Shareholder Category Breakdown

Promoter and Promoter Group:

  • Shares held: 30,718,026
  • Votes cast: 30,718,026 (100.0000% of shares held)
  • Unanimous support for all resolutions (100% in favor)

Public Institutions:

  • Shares held: 937,216
  • Votes cast: 21,612 (2.3060% of shares held)
  • Unanimous support for all resolutions (100% in favor)

Public Non-Institutions:

  • Shares held: 36,142,857
  • Votes cast: 4,522,880 (12.5139% of shares held)
  • Near-unanimous support with minor opposition on certain resolutions

Scrutinizer Details

  • Name: Chirag B Shah
  • Firm: Chirag Shah and Associates
  • Qualification: CS
  • Membership Number: 5545
  • Appointment Date: September 2, 2026
  • Report Issuance Date: September 29, 2026

The scrutinizer confirmed that all voting procedures complied with the Companies Act, 2013, SEBI LODR Regulations, 2015, and Secretarial Standard-2 on General Meetings. The scrutinizer's report detailed vote counts by method (remote e-voting vs. e-voting during AGM) and confirmed no invalid votes across any shareholder category.

Compliance Confirmation

The company confirmed compliance with all applicable laws and regulations including the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results and scrutinizer report are available on the company's website at www.kpenergy.in.