Key Resolutions

Item No. 1: Appointment of Mr. Rajesh Shrivastava as Director

  • Ordinary Resolution seeking appointment of Mr. Rajesh Shrivastava (DIN: 08757239) as Director liable to retire by rotation
  • Was appointed as Additional Director effective May 15, 2026, pursuant to Section 161 of Companies Act, 2013
  • Holds office up to date of General Meeting
  • Board recommends approval

Item No. 2: Appointment of Mr. Rajesh Shrivastava as Whole Time Director and KMP

  • Special Resolution seeking appointment as Whole Time Director for five years from May 15, 2026 to May 14, 2031
  • Remuneration details:
  • Basic Salary: ₹13,34,321 per month, revisable up to maximum ₹20,00,000 per month
  • Perquisites & Allowance: House rent allowance, performance-linked variable pay, incentives as per company policy
  • Employee Stock Options: May be granted under active ESOP scheme
  • Overall remuneration subject to net profit limits under Section 197 read with Schedule V
  • Minimum remuneration payable in case of inadequate profits as per Section II(A) of Part II of Schedule V

Item No. 3: Re-appointment of Mrs. Venu Birappa as Non-Executive Independent Director

  • Special Resolution seeking re-appointment for second term of five years from August 3, 2026 to August 2, 2031
  • Current term ends August 2, 2026
  • Serves on Audit Committee, Nomination and Remuneration Committee, Risk Management Committee, Stakeholder Relationship Committee, and CSR Committee
  • Remuneration: Meeting fees and profit-linked commission within Section 197 limits
  • Received commission of ₹31.67 lakhs and sitting fees of ₹0.62 lakhs for FY 2025-26

Financial Context

  • Standalone FY 2025-26: Revenue ₹1,989.50 crore, PBT ₹534.96 crore, PAT ₹392.73 crore, EPS ₹19.90
  • Consolidated FY 2025-26: Revenue ₹2,695.91 crore, PBT ₹690.91 crore, PAT ₹509.24 crore, EPS ₹24.13
  • Foreign Portfolio Investors hold 8.24% (Category I: 7.97%, Category II: 0.27%)
  • NRIs hold 1.16%

Voting Details

  • Remote e-Voting Period: June 26, 2026 (9:00 AM IST) to July 25, 2026 (5:00 PM IST)
  • Cut-off Date: June 19, 2026 for determining voting eligibility
  • Scrutinizer: Mr. Chirag Shah (or Mr. Raimeen Maradiya) of Chirag Shah & Associates
  • Results Declaration: On or before July 28, 2026
  • E-voting Service Provider: Central Depository Services (India) Limited (CDSL)
  • Physical documents not being sent - only electronic communication

Director Backgrounds

Mr. Rajesh Shrivastava

  • DIN: 08757239, Date of Birth: April 11, 1967 (59 years)
  • Qualifications: B.E. (Hons) Civil Engineering (Gold Medalist), M.Tech (Structures) from IIT Mumbai, INSEAD management course
  • Experience: 37 years in power, infrastructure and renewable energy sectors
  • Previous roles: President & Business Head at Reliance New Energy, CEO of Aditya Birla Renewables, COO of Adani Green Energy
  • Expertise: Renewable energy development, EPC projects, execution of over 30 GW power projects including 10 GW renewable energy
  • No current directorships in other companies
  • No shareholding in KPI Green Energy

Mrs. Venu Birappa

  • DIN: 09123017, Date of Birth: July 18, 1963 (62 years)
  • Qualifications: Electrical Engineering, Diploma in Management, LL.B. (General)
  • Experience: Nearly four decades in power sector, former Executive Engineer at GETCO
  • Expertise: Regulatory, legal, financial, commercial and technical aspects of power transmission
  • Current directorships: Sun Drops Energia Limited, Shree Saprem Foundation, K.P. Energy Limited
  • Committee memberships: Risk Management Committee, Audit Committee (Chairperson), Nomination and Remuneration Committee, CSR Committee
  • No shareholding in KPI Green Energy

Additional Information

  • Registrar & Transfer Agent: Bigshare Services Private Limited
  • Company website: www.kpigreenenergy.com
  • Compliance Officer: Mr. Krunal Bhatt, Company Secretary