Outcome of Board Meeting

KPEL/BM/SEP/2026/O-669 September 2, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai - 400001 Bandra (E), Mumbai - 400051 Scrip Code: 539686 Symbol: KPEL Sub: Outcome of the Board Meeting held on September 2, 2026 Ref: Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) read with corresponding circulars and notifications issued thereunder. Dear Sir(s), We wish to inform you that the Board of Directors of the Company at its meeting held today, inter alia, approved the: 1. Alteration of Article of Association (AOA) of the Company, subject to the approval of shareholders at the ensuing Annual General Meeting. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, annexed herewith as Annexure A. 2. Amendment to the “Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information” pursuant to Regulation 8 of the SEBI (Prohibition of Insider Trading) Regulations, 2015 ("PIT Regulations") to align the same with the applicable provisions of the PIT Regulations. The said Code shall be available on the website of the Company at www.kpenergy.in. 3. Appointment of Ms. Nisha Agarwal as Company Secretary and Compliance Officer, designated as Key Managerial Personnel of the Company with effect from September 3, 2026, in place of Mr. Karmit Sheth, who will continue to be associated with the Company in another capacity. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, annexed herewith as Annexure B. The meeting commenced at 5:00 p.m. and concluded at 5:36 p.m. Thanking You, Yours faithfully, For K.P. Energy Limited Affan Faruk Patel Whole Time Director DIN: 08576337 Encl.: a/a Annexure-A Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: Following alternations are proposed in the Existing AOA of the Company Alteration in the existing clause no. 64 by adding the following point (ii): “(ii) The Board and/or any Committee thereof shall have the power to sell, lease, mortgage, hypothecate, create charges upon, transfer or otherwise dispose of any property, asset or undertaking of the Company and may delegate such power to any Director, officer, employee, authorized signatory or any other person, and authorize them to execute any/ all deeds, documents and do all acts necessary thereto.” Insertion of following new clause and heading: “GENERAL POWER 92. Wherever in the Companies Act, it has been provided that the Company shall have right, privilege or authority or that the Company could carry out any transaction only if the Company is so authorised by its articles, then and in that case this clause hereto authorises and empowers the Company to have such rights, privilege or authority and to carry such transactions as have been permitted by the Act, without there being any specific clause in that behalf herein provided.” Annexure B Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: Particulars Details 1. Name of the Key Managerial Ms. Nisha Agarwal Mr. Karmit Sheth Personnel; 2. Reason for change viz. Appointed as Company Secretary Mr. Karmit Sheth will remain appointment, and Compliance Officer and Key associated with the Company as reappointment, resignation, Managerial Personnel of the Head Legal. removal, death or Company. otherwise; 3. Date of appointment/re With effect from September 3, With effect from September 3, appointment, cessation (as 2026 2026 applicable) & term of appointment/re appointment; 4. Brief profile (in case of Ms. Nisha Agarwal is a qualified Not Applicable appointment); Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI). She also holds a Bachelor’s degree in Commerce from Veer Narmad South Gujarat University. She has over four years of professional experience in the areas of corporate governance, corporate restructuring, fund raising, regulatory compliances and due diligence and has been associated with the KP Group since 2022. She has experience in handling a wide range of corporate and regulatory matters, with significant exposure to listed-company compliances, corporate actions and corporate governance. 5. Disclosure of relationships Not Applicable Not Applicable between directors (in case of appointment of a director) Dat e : S ept e m be r 2 , 2 026 he Boar d o f D i r e cto r s , K . P . En e rgy Lim i t KP H ouse ' , Near KP C ri c l p p . lsh w a r F a r m Junct i on B R T S , C anal Ro a d , Bhat a r , S urat 3 95017 , G u j arat S u b je c t : R e s i g n a t i o n f r o m t h e Po s i t i o n o f C o m p a n y S e c r e t a r y & C o m p l i a n c e O f f i c e r a n d K e y na g e r ia l P e r s o n n ear S i r, I h ope t his l e t t e r f i nds y ou w e l l. I a m w r i t i ng t o f or m ally re s i g n f r o m m y p o s i t i on a s C o m p any S ecr e t a r y & C o m plian c e O f f i ce r and K e y Manag e r i al P e r sonnel { K M P ) at K . P . Ener g y Li m it e d , w i t e f f e ct f r o m Sept e m ber 3 , 2 026, p u r suant t o t r a ns i t i on t o a d edicat e d l eg a l l eade r s h i p rol co m m en c ed m y p r of e s s i onal as s oc i at i on w i th KP G rou p in 2 014 a s a C S Manag e m ent T ra inee a nd su b sequently j o i ned K . P . E ne r g y Li m it e d in 2 016 as C o m p a n y Sec r e t a r y and C o m plian c e O f f i ce r . O v e r t he course o f t he la st d ecade, m y r e s pons i bilit i e s hav e p r o g r e s s i vely e v olv e d f ro o m pany Sec r e t a r i a l and C o m pliance f u n c t i ons t o a b roade r L e g a l l eade r s hi p rol e . I hav e b een d ischar g i ng t he r e s pons bi lii t i es o f C o m p any S e c r e t a r y and C o m pliance O f f ci e r w hil e also le ading t he Leg a l f u n c t i on , w i th re s pons i bi li ty f o r C ontr a c t s , L i t i g a t i on , Due Di li g e n c e, T ra ns a c t i ons, Regu l a to r y m at t e r s and v a r i ous b usiness and o pe r a t i ona l l eg a l m at t e rs. A f t e r c ar e f u l cons i de r a t i on o f m y p ro f e s s i ona l a s p ri a t i ons and t he ev o lv i ng s cope o f l eg a l f unct i on , I hav e dec i ded t o s tep d ow n f ro m t he st a tuto r y p o s i t i ons o f C o m pany Sec r e t a r y and C o m plian c e O f f ci e r o f K P Ene r g y Li m i ted and d edicat e m y p r im a r y p ro f e ss i onal focus t o L e g eader s hip. I w il l cont i nue m y a sso c i a t io n as H ead Leg a l and contr i but e f urthe r t o w a r d s L e g a l f un c t i on a c ro s s t h e G roup. I a m d eeply g r a t e f ul t o t he Bo a r d and m anag e m ent f o r t he t r u st , o p p ortun i t i es and re s pons i b lii t i e s entr u s t e d t o m e t hroug h o ut m y assoc i at i on as C o m pany S ec r e t a r y and C o m plian c e O f f ci e r . T he p ast t w e lv e y e ar s hav e b een an inv a lua b l e p r o f e s s i onal j ourne y , p ro v i ding m e w i th t he o pportun i t y t o g row w i th t he o r g a ni s at i on and contr i but e ac r o s s G o v e r n an c e, C o m pliance and L e g a l f un c t io ns. I re m a i n fu l l y co m m it t ed a nd l ook f o r w a r d t o c ont i nuing t o contr i but e t o its g rowth and s u c ce hrough m y d edicated f ocus o n L e g a l l eade r s hip. I w i ll e nsu r e a s m oo t h and s t r u c tur e d t r a ns i t io n o f t he C o m pany S ec r e t [Showing first 8,000 characters — download PDF for full document]