Announced Wed, 24 Jun · 12:19 IST
Postal Ballot: New Whole Time Director and Independent Director Re-appointment
Board & Shareholder Meetings View source PDF
KPIGREEN · price
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Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹401.00
prior close
₹397.30
base price
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AI summary
KPI Green Energy has issued a postal ballot notice with 3 resolutions. Items 1 and 2 seek to appoint Mr. Rajesh Shrivastava, a 37-year veteran from Reliance New Energy, Adani Green and NTPC, as Director and Whole Time Director for 5 years from May 15, 2026. Basic pay Rs. 13.34 lakh, cap Rs. 20 lakh. Item 3 proposes re-appointment of Mrs. Venu Birappa as Independent Director for a second 5-year term from August 3, 2026. E-voting: June 26 to July 25, 2026.
Likely market impact
Senior renewable energy leader joins as Whole Time Director. Independent Director re-appointed, showing board continuity. Outcome depends on shareholder vote.