Kalpataru Projects International Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2025, recommended Final Dividend of Rs. 9 per equity share.
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The Board of Directors of Kalpataru Projects International Limited (KPIL), at its meeting on May 16, 2025, recommended a final dividend of Rs. 9 per equity share (450% on face value of Rs. 2) for FY ended March 31, 2025, subject to shareholder approval at the upcoming AGM. The Board also approved the re-appointment of Mr. Shailendra Kumar Tripathi as Deputy Managing Director for 3 years (Oct 2025 to Oct 2028). Ms. Anjali Seth will cease as Independent Director from May 18, 2025, and Ms. Raksha Kothari will be appointed as a new Independent Director for 5 years from May 19, 2025. Additionally, the Board approved USD 29 million in additional funding support for its wholly owned Brazilian subsidiary Kalpataru Power DO Brasil Participacoes S.A., and a share-based incentive scheme covering up to 5% of equity for employees of its Swedish step-down subsidiary Linjemontage I Grastorp AB (LMG). M/s. Kapoor & Ved were appointed as Secretarial Auditors for a 5-year term.
The Rs. 9 per share dividend rewards shareholders and indicates steady cash generation, though the exact yield depends on the prevailing stock price. The leadership continuity with Tripathi's re-appointment provides stability, while fresh funding to the Brazil subsidiary signals ongoing investment in international operations.