Acquisition

KPI/MAT/JUN/2026/788 Date: June 19, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai - 400 001 Bandra (E), Mumbai - 400051 Scrip Code: 542323 Symbol: KPIGREEN Sub.: Intimation of Incorporation of Wholly Owned Subsidiary (WOS) Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) Dear Sir/Madam, With reference to the captioned subject and pursuant to SEBI Listing Regulations, we wish to inform you that a wholly owned subsidiary of the Company, in the name of “KPGC One Private Limited” has been incorporated on June 18, 2026. The information pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as Annexure A. This is for your information and records. Thanking you, Yours faithfully, For KPI Green Energy Limited Krunal Bhatt Company Secretary & Compliance Officer Annexure A The details as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given as under: Sr. No. Particulars Details a) Name of the target entity, details in KPGC One Private Limited (‘KPGCO’) brief such as size, turnover etc. Authorized Capital: Rs. 1,00,000/- (10,000 Equity Shares of ₹ 10/- each) Subscribed Capital: Rs. 1,00,000/- (10,000 Equity Shares of ₹ 10/- each) Turnover: Nil (yet to commence business operations) b) Whether the acquisition would fall Not Applicable within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”. c) Industry to which the entity being Renewable Energy acquired belongs. d) Objects and impact of acquisition The Company has been incorporated with the (including but not limited to, object of generating, storing, transmitting, disclosure of reasons for distributing, purchasing, selling and supplying acquisition of target entity, if its electricity and other forms of energy from business is outside the main line of conventional and renewable sources, including business of the listed entity). solar, wind, hydro, biomass and thermal energy, and of establishing, owning, developing, operating and maintaining power plants and energy storage systems, and undertaking activities incidental thereto. e) Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition. f) Indicative time period for Not Applicable completion of the acquisition g) Consideration - whether cash Cash consideration consideration or share swap and details of the same; h) Cost of acquisition or the price at Rs. 1,00,000/- (Rupees One Lakh Only) which the shares are acquired; i) Percentage of shareholding / control 100% shareholding of KPGCO is held by KPI acquired and / or number of shares Green Energy Limited acquired; j) Brief background about the entity KPGCO is a Private Company incorporated on acquired in terms of products/line of June 18, 2026 and registered with Registrar of business acquired, date of Companies, Ahmedabad. incorporation, history of last 3 years turnover, country in which the Turnover – Not applicable, as KPGCO is yet to acquired entity has presence and commence its business operations any other significant information (in brief); Country in which the acquired entity has presence: India