Announced Mon, 24 Aug, 2026 · 12:10 IST
KP Group, Raz Holding sign LOI for proposed strategic investment
KPIGREEN · price
▲ 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
+2.0%1-day move
₹313.40
prior close
₹318.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1+0.0-0.1+2.0+2.9+1.1+0.4-2.4-2.4-11.6+6.0——
Up moveDown movePending
AI summary
KP Group, parent of KPI Green Energy, signed a non-binding Letter of Intent with Saudi Arabia's Raz Holding Group for a proposed strategic investment or collaboration. The deal could involve acquisitions, capital infusion, or partnership with KP Group or its operating entities. Subject to due diligence, definitive agreements, and regulatory approvals. Exclusivity period of 90 days ending 18 November 2026.
Likely market impact
Positive signal showing international interest in KP Group's clean energy assets, but deal is non-binding and not yet confirmed.