KPI Green Energy Limited has announced the allotment of 3,30,895 equity shares to eligible employees under its Employee Stock Option Plan 2023 (KPI Green – ESOP 2023). The company disclosed the development through a regulatory filing dated June 1, 2026.
The allotment was approved through a circular resolution passed by the Nomination and Remuneration Committee of the Board of Directors. According to the filing, the newly issued equity shares have a face value of โน5 each and were allotted at an exercise price of โน35.33 per share. This exercise price includes a premium of โน30.33 per share.
The company stated that all the allotted shares will rank pari-passu with the existing equity shares of the company. This means that the new shares will enjoy the same rights and benefits as the existing shares, including voting rights and eligibility for dividends.
As a result of the allotment, KPI Green Energyโs paid-up equity share capital has increased. The companyโs paid-up capital has risen from โน98,67,05,365, comprising 19,73,41,073 equity shares, to โน98,83,59,840, comprising 19,76,71,968 equity shares. The distinctive numbers assigned to the newly allotted shares range from 19,73,41,074 to 19,76,71,968.
KPI Green Energy confirmed that the disclosure has been made in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company also stated that all relevant details related to the share allotment have been provided in accordance with Regulation 10(c) of the SEBI Share-Based Employee Benefits and Sweat Equity Regulations, 2021.
The filing was signed by the Company Secretary and Compliance Officer of KPI Green Energy Limited.
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