BSEKP Green Engineering LtdMinimalNeutral
Announced Tue, 31 Mar · 16:13 IST

KP Green Engineering Limited submitted the voting results of the postal ballot as prescribed under regulation 44 of SEBI (LODR) Regulations, 2015 along with scrutinizer''''s report.

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+20.0%1-day move
₹303.50
prior close
₹319.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+1.3+1.4+0.6+20.0+28.4+26.7+32.6+30.8+28.8+39.4+47.4+26.2+21.7
Up moveDown movePending
AI summary

KP Green Engineering Limited has submitted the voting results of a postal ballot conducted entirely through electronic means, with the last date of remote e-voting being March 30, 2026. Out of 5 crore (5,00,00,000) total equity shares, only 23,60,265 shares (4.72% of outstanding capital) were polled, of which 23,59,265 votes (99.96%) were in favour and just 1,000 votes (0.04%) were against. All 4 ordinary resolutions were approved with requisite majority, covering material related party transactions (RPTs) with: (1) KPI Green Energy Limited, (2) K.P. Energy Limited, (3) Sun Drops Energia Limited, and (4) KPIG Energia Private Limited. The promoter and promoter group, who collectively hold 3,33,03,041 shares (~66.6%), did not cast any votes on these RPTs, which is a positive governance practice that allowed minority shareholders to decide independently. The postal ballot notice was issued on February 26, 2026, and scrutiniser Chirag Shah & Associates certified the results on March 31, 2026.

Likely market impact

All 4 material related party transactions have been cleared by shareholder approval, enabling the company to proceed with these transactions with group entities. The overwhelming 99.96% approval margin reflects strong shareholder support, though the very low 4.72% voter turnout and the fact that these are promoter-group-related RPTs remain points worth monitoring from a governance standpoint.