KPIGREENNSEKPI Green Energy LimitedMediumNeutral
Announced Thu, 2 Apr · 16:45 IST

KPI Green Energy Limited has informed the Exchange about Change in Company Secretary and Compliance Officer

Kmp ResignedManagement Changes View source PDF

KPIGREEN · price

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Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹386.00
prior close
₹387.20
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.3-2.2-1.2+0.5+5.4+4.2+6.7+8.2+14.1+19.5+26.1+0.8+4.5
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AI summary

KPI Green Energy Limited has announced a change in its Company Secretary and Compliance Officer position. Ms. Rajvi Upadhyay has resigned from her role as Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP) effective April 2, 2026, as she transitions to a new internal role within the company. Mr. Krunal Bhatt has been appointed as her replacement, also effective April 2, 2026, based on the recommendation of the Nomination and Remuneration Committee. Mr. Bhatt is a qualified Company Secretary and legal professional with over 19 years of experience, having previously worked at Arvind Limited, Astral Limited, and Adani Power Limited. The change was approved at a board meeting that lasted just 25 minutes.

Likely market impact

This is a routine governance change with minimal impact on shareholders. The outgoing KMP is staying with the company in another capacity, indicating a smooth internal transition rather than a departure. The appointment of an experienced professional like Mr. Bhatt should ensure continuity in compliance and regulatory functions.