KPI Green Energy Approves ₹475 Crore Preferential Warrant Issue to Promoter Group Entity
New Delhi, February 18, 2026: KPI Green Energy Limited has approved the allotment of 1.01 crore fully convertible equity warrants on a preferential basis to promoter group entity Quyosh Energia Private Limited, aggregating up to ₹475 crore.
The decision was taken at the company’s Board meeting held on February 18, 2026, pursuant to shareholders’ approval and in-principle approvals received from BSE Limited and the National Stock Exchange of India Limited on February 4, 2026.
Key Details of the Preferential Issue
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Number of Warrants Allotted: 1,01,00,000
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Issue Price: ₹470.30 per warrant (including ₹465.30 premium)
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Total Issue Size: Up to ₹4,75,00,30,000 (₹475 crore approximately)
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Face Value of Equity Shares: ₹5 per share
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Tenure: 18 months from date of allotment
Each warrant is convertible into one fully paid-up equity share upon payment of the remaining 75% of the consideration. At the time of allotment, 25% of the warrant price has been paid by the allottee, with the balance payable upon exercise of the option.
Impact on Shareholding
Quyosh Energia Private Limited, belonging to the promoter group category, will see its shareholding increase from 15,99,529 shares (0.81%) pre-issue to 1,16,99,529 shares (5.64%) post full conversion of the warrants.
The securities allotted under the preferential issue will be subject to applicable lock-in requirements as prescribed under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
The company confirmed that the board meeting commenced at 11:35 A.M. and concluded at 12:10 P.M., and the disclosure has been made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The capital infusion through the preferential issue is expected to strengthen KPI Green Energy’s financial position as it continues to expand its renewable energy portfolio.