KPI Green Energy Bonus Record Date 15 February 2024 - SarkariResult

News: KPI Green Energy, a key contender in India’s renewable energy domain, has achieved a noteworthy milestone benefiting its shareholders. The firm has announced February 15, 2024, as the record date for disbursing Bonus Equity Shares, intending to offer supplementary advantages to eligible shareholders. This decision has been duly communicated by KPI Green Energy Limited to the Bombay Stock Exchange (BSE), emphasizing transparency and clarity for investors.

The Importance of the Record Date

On February 15, 2024, shareholders’ eligibility for receiving Bonus Equity Shares will be determined, marking a pivotal moment. Shareholders are urged to mark this date to partake in the offering. Through the issuance of Bonus Equity Shares, KPI Green Energy aims to reward its shareholders and fortify the bond between the company and its investors.

KPI Green Energy’s Stock Performance

KPI Green Energy’s current share price is 2,262.80 INR, with a daily fluctuation of -1.73%. The stock has demonstrated robust performance previously, hitting a 52-week high of 2,417.75 INR. Conversely, its lowest point in the same period was 390.00 INR. These statistics illustrate the market’s dynamism and the spectrum of prices witnessed by KPI Green Energy shares.

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About KPI Green Energy

Since its inception in 2008 under the Solarism brand, KPI Green Energy has played a proactive role in generating and supplying solar power in India. The company’s primary focus has been on the development, construction, ownership, operation, and maintenance of solar power plants. Headquartered in Surat, India, KPI Green Energy Limited has further diversified its business by selling land parcels to third parties.

In April 2022, the company underwent a name change from K.P.I. Global Infrastructure Limited to KPI Green Energy, marking a strategic move to underscore its dedication to green energy and harmonize with its fundamental mission. Under the leadership of Chairman & MD Dr. Farukbhai Gulambhai Patel, KPI Green Energy remains steadfast in its commitment to advancing India’s renewable energy sector and playing a pivotal role in realizing sustainable development objectives.

The declaration of the record date for the issuance of Bonus Equity Shares by KPI Green Energy marks a significant milestone for both the company and its shareholders. This announcement underscores the company’s commitment to its investors and its persistent endeavors in the renewable energy sector. As a key player in shaping India’s renewable energy landscape, KPI Green Energy remains dedicated to providing sustainable solutions and fostering a greener future for the nation.

FAQs

1. What is the record date for the issuance of Bonus Equity Shares by KPI Green Energy?

The record date for the issuance of Bonus Equity Shares by KPI Green Energy is February 15, 2024.

2. How can shareholders participate in the offering of Bonus Equity Shares?

Shareholders can participate in the offering of Bonus Equity Shares by ensuring they are eligible as of the record date, which is February 15, 2024.

3. What is KPI Green Energy’s current share price?

KPI Green Energy’s current share price is 2,262.80 INR.