Quyosh Energia Private Limited, a member of the Promoter Group of KPI Green Energy Limited, has formally disclosed a change in its shareholding structure. This change, effective February 18, 2026, stems from the preferential allotment of 1,01,00,000 fully convertible equity warrants. Following this transaction, the total diluted shareholding of the Promoter Group stands at 51.95% of the Target Company.
Disclosure of Promoter Group Shareholding Adjustment
Quyosh Energia Private Limited has submitted a mandatory disclosure regarding an alteration in the holdings of the Promoter Group in KPI Green Energy Limited (the Target Company). The modification in shareholding/voting rights on a fully diluted basis occurred due to the issuance of fully convertible equity warrants to Quyosh Energia Private Limited on February 18, 2026, through a preferential issue.
Pre-Transaction Shareholding Snapshot
Prior to this acquisition/disposal, the total shareholding of the acquirer and Persons Acting in Concert (PACs) was 9,76,58,531 shares, representing 49.49% of the total share/voting capital. The primary holding rested with Farukbhai Gulambhai Patel (48.62%), followed by Quyosh Energia Private Limited holding 15,99,529 shares (0.81%).
Details of the Acquisition
The core transaction involved the acquisition of 1,01,00,000 warrants by Quyosh Energia Private Limited, contributing 4.87% to the diluted capital base. No shares carrying voting rights were directly acquired or disposed of in this specific event.
Post-Transaction Consolidated Holdings
Following the allotment of warrants, the total holding of the acquirer and PACs has increased to 10,77,58,531 equity interests. This results in a post-transaction ownership stake of 51.95% when calculated against the total voting capital (including the potential conversion of the new warrants). The new warrants entitlement represents 4.87% of the total voting rights in the Target Company after the transaction.
Capital Structure Context
The total diluted share/voting capital of KPI Green Energy Limited post-transaction is based on 20,74,41,073 equity shares, assuming the full conversion of outstanding convertible securities, which have a face value of ₹5/- per share.
Source: BSE
