Power stock in green after the Board announced a meeting on December 17 for fundraising!

KPI Green Energy Limited informed that a meeting of the Board of Directors of the Company will be held on Wednesday, December 17, 2025, inter alia, to transact the following matters:

• Proposal for raising funds by issue of equity or any other equity-linked or convertible securities including warrants (“Securities”) to promoter and/or promoter group, through all or any permissible modes or method, including private placement, preferential issue or such other modes as may be permitted under applicable law, subject to all such regulatory/ statutory approvals and, if applicable, the approval of shareholders of the Company, and to approve ancillary actions in this regard, including determination of issue price, if any.
• Any other matter with the permission of the Chairman.

About the Company

KPI Green Energy Ltd, established in 2008 as part of the KP Group, is a renewable energy leader specialising in Solar power generation. They operate under the "Solarism" brand, offering a comprehensive solution for both Independent Power Producers (IPPs) and Captive Power Producers (CPPs). Their services include developing, building, owning, managing and maintaining solar power plants across Gujarat, with a current installed capacity exceeding 445 MW. They cater to IPPs by directly generating and selling solar electricity, while also providing Engineering, Procurement and Construction (EPC) services to CPP clients who wish to set up their solar power facilities.

The company's shares have an ROE of 20 per cent and an ROCE of 18 per cent. The company has a market cap of over Rs 8,000 crore with a strong Order Book of 3.08+ GW. The stock gave multibagger returns of 320 per cent in just 3 years and a whopping 6,700 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.