KPIGREENBSEKPI Green Energy LtdMediumNeutral
Announced Fri, 15 May · 11:45 IST

KPI Green Energy Limited has informed the exchange regarding Appointment of Mr. Rajesh Shrivastava (DIN: 08757239) as Additional Director and Whole Time Director of the Company and Re-appointment ....

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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹429.00
prior close
₹422.10
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AI summary

KPI Green Energy's Board meeting on May 15, 2026 approved two key appointments. Mr. Rajesh Shrivastava, a veteran with 37 years in power and renewable energy sectors, has been appointed as Additional Director and Whole Time Director for 5 years. He previously held senior roles at Reliance New Energy, Aditya Birla Renewables, and Adani Green Energy, bringing experience of over 30 GW of power projects. Separately, Mrs. Venu Birappa, an Independent Director since 2021, has been re-appointed for a second 5-year term effective August 3, 2026. Both appointments are subject to shareholder approval.

Likely market impact

The appointment of a highly experienced external leader like Mr. Shrivastava could signal strategic intent to scale renewable energy operations, potentially positive for investor sentiment. The re-appointment of Mrs. Birappa provides board continuity and governance stability.