
Board Meeting13 Nov 2026, 03:32 pm
KP Green Engineering Approves Preferential Issue of Warrants
AI Summary
KP Green Engineering Limited announced that its Board of Directors has approved the unaudited standalone and consolidated financial results for the half-year ended September 30, 2026. Additionally, the Board approved a preferential issue of up to 34,24,657 equity warrants to Dr. Faruk G. Patel, a promoter, at an issue price of ₹292 per warrant. The total issue size is approximately ₹99.99 Crores. The company also fixed November 11, 2026, as the relevant date for determining the floor price and scheduled an Extra-Ordinary General Meeting for December 11, 2026, to seek shareholder approval for the preferential issue.
Key Highlights
- Unaudited financial results for H1 FY27 declared.
- Board approves preferential issue of 34,24,657 warrants.
- Issue price set at ₹292 per warrant.
- EGM scheduled for December 11, 2026, for approval.
- Promoter Dr. Faruk G. Patel is the proposed allottee.
Price Impact
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