Meeting Details

  • Type of Meeting: Postal Ballot
  • Record Date: August 21, 2026
  • Voting Period: August 26, 2026 (9:00 AM) to September 24, 2026 (5:00 PM)
  • Total Number of Shareholders on Record Date: 321,409

Proposed Resolution and Implications

  • Single ordinary resolution for "Material related party transaction(s) with Sun Drops Energia Limited (formerly known as Sun Drops Energia Private Limited)"
  • Promoters/Promoter Group were interested in the resolution
  • Resolution required: Ordinary

Voting Process and Methods

  • Conducted exclusively through electronic voting (e-voting)
  • No physical polling or postal ballot forms were used
  • E-voting facility provided through Central Depository Services (India) Limited (CDSL)
  • Notice dispatched electronically on August 25, 2026
  • Newspaper advertisements published in The Indian Express (English) and Financial Express (Gujarati) on August 25, 2026

Key Voting Outcomes

Overall Results

  • Total Valid Votes Exercised: 26,124,285 shares (13.216% of outstanding shares)
  • Votes in Favor: 16,761,630 shares (64.16% of votes polled)
  • Votes Against: 9,362,655 shares (35.84% of votes polled)
  • Resolution Status: Passed

Category-wise Breakdown

Promoter and Promoter Group

  • Shares Held: 97,658,531
  • Votes Polled: 0 shares (0.0000% participation)

Public Institutions

  • Shares Held: 16,686,918
  • Votes Polled: 11,043,596 shares (66.1812% participation)
  • Votes in Favor: 1,717,714 shares (15.5539% of category votes)
  • Votes Against: 9,325,882 shares (84.4461% of category votes)

Public Non-Institutions

  • Shares Held: 83,326,519
  • Votes Polled: 15,080,689 shares (18.0983% participation)
  • Votes in Favor: 15,043,916 shares (99.7562% of category votes)
  • Votes Against: 36,773 shares (0.2438% of category votes)

Scrutinizer's Report Details

  • Scrutinizer: Chirag Shah of Chirag Shah & Associate (FCS No. 5545)
  • Appointment Date: August 11, 2026 (Board Meeting)
  • Report Date: September 25, 2026
  • Vote Unblocking Witnesses: Mr. Divyamaan Balecha and Mr. Malav Bhavsar (not company employees)
  • Total E-Voting Ballots: 1,000
  • Shares Voted through E-Voting: 29,320,733 (14.83% of total paid-up equity capital)
  • Invalid Votes: 7 ballots representing 3,196,448 shares

Compliance Confirmation

  • Conducted in compliance with Sections 108 and 110 of the Companies Act, 2013 read with Companies (Management and Administration) Rules 2014
  • Followed MCA circulars dated April 08, 2020; April 13, 2020; June 15, 2020; September 24, 2020; December 31, 2020; June 23, 2021; December 8, 2021; May 05, 2022; December 28, 2022; September 25, 2023; September 19, 2024; and September 22, 2025
  • Documents uploaded on company website (www.kpigreenenergy.com) and e-voting website (https://www.evotingindia.com/)