KPI Green Energy: No Deviation in Preferential Issue Proceeds Utilization

KPI Green Energy Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by India Ratings & Research Private Limited, confirms no deviation from the objects for the utilization of proceeds raised through a preferential issue of warrants. The company raised INR 475.003 Crores via 1,01,00,000 convertible warrants at INR 470.30 per warrant. As of June 30, 2026, the company had received INR 118.751 Crores, representing 25% of the warrant value. The report is based on management undertakings and a statutory auditor's certificate.