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K.P. ENERGY LIMITEDCIN:L40100GJ2010PLC059169E-mal : info@kpenergy.inWebsite : www.kpenergy.lnKPEL/BM/SEP /2022/0-R-352September 2, 2022To,SSE Limited,Phiroze Jeejeebhoy Towers,Dalal Street,Mumbai - 400 001Ref: Scrip Code: 539686Sub: Revised Outcome of the Board Meeting held on August 31, 2022Ref.: BSE email dated September 1, 2022 in relation to Additional Details Requiredfor Corporate Announcement filed under Regulation 30 of SEBI (LODR)Regulations, 2015.Dear Sir(s),Further to our letter dated August 31, 2022 and apropos the email from SSE datedSeptember 01, 2022 in relation to the additional details required for the corporateannouncement filed by us vide our letter bearing reference no. KPEL/BM/ AUG/2022/0352, dated August 31, 2022, we hereby file the revised outcome with the requisite detailsmentioned in Annexure - A attached hereto.We wish to inform you that the Board of the Company at its meeting held on August 31,2022, commenced at 11:00 a.m. and concluded at 11:45 a.m., inter alia has:1. considered and approved the Director's Report along with Secretarial AuditReport issued by Secretarial Auditor of the Company for the financial year endedMarch 31, 2022 as per the provisions of Companies Act, 2013 and other applicableprovisions and rule made there under;2. considered and took note that Mr. Affan Faruk Patel (DIN: 08576337), Whole TimeDirector of the Company, who retires by rotation and being eligible offers himselffor re-appointment pursuant to provisions of Section 152 of the Companies Act,2013 and other rules as applicable; (refer Annexure - A for additional details);Reg Office:'KP House', Opp. lshwar Farm Junction BRTS. Near Bliss IVF Circle,Canal Road, Bhatar, Surat - 395017, GuJarat. India.Phone: 91-261-2234757, Fu: 91-261-2234757E-mail: info@kpenergy.in, Website: www.kpenergy.inISO 14001:2015, ISO 9001:2015 and ISO 45001: 2018 Certified Company
K.P. ENERGY LIMITEDCIN:L40100GJ2010PLC059169E-mail : info@kpenergy.inWebsite : www.kpenergy.ln3. considered, approved and recommended Ordinary Resolution for ratification ofremuneration of Cost Auditor of the Company as per the provisions of CompaniesAct, 2013 and other applicable provisions, if any, and rule made there under;4. considered, approved and recommended Special Resolution for appointment ofMrs. Venu Birappa (DIN: 09267710) as Non-Executive Independent Director ofthe Company; (refer Annexure - A for additional details);5. considered, approved and recommended Special Resolution for payment ofremuneration to Mrs. Venu Birappa (DIN: 09123017), Non-ExecutiveIndependent Director for F.Y 2022-23, which may exceed 50% of the totalremuneration payable to all the non-executive directors of the company as NonExecutive Independent Director of the Company;6. considered, approved and recommended Ordinary Resolution for revrsion inremuneration payable to Mr. Affan Faruk Patel (DIN: 08576337), Whole-timeDirector of the company;7. considered, approved and recommended Ordinary Resolution for approval ofMaterial Related Party Transactions with KPI Green Energy Limited (formerlyknown as KP.I. Global Infrastructure Limited) pursuant to applicable provisionsof Companies Act, 2013, SEBI (LODR) Regulations, 2015 and other applicableregulations;8. considered, approved and recommended Ordinary Resolution for approval ofMaterial Related Party Transactions with KP Buildcon Private Limited pursuant toapplicable provisions of Companies Act, 2013, SEBI (LODR) Regulations, 2015 andother applicable regulations;9. considered and appointed M/s. SJV & Associates, Practicing Company Secretaries,as the Scrutinizer for scrutinizing the E-Voting process for the 13th Annual GeneralMeeting of the Company as per the provisions of Companies Act, 2013 and otherapplicable provisions and rules made there under;10. considered and approved draft notice for calling 13th Annual General Meeting ofthe Company scheduled to be held on Thursday, 29th September, 2022 at 3:00 p.m.!ST through Video Conference ("VC")/ Other Audio Visual Means ("OAVM");Reg. Office:'KP House', Opp. lshwar Farm Junction BRTS. Near Bliss IVF Circle.Canal Road. Bhatar, Surat - 395017. Gujarat. India.Phone: 91-261-2234757, Fax: 91-261-2234757E-mail: info@kpenergy.in, Website: www kpenergy.inISO 14001:2015, ISO 9001:2015 and ISO 45001: 2018 Certified Company
K.P. ENERGY LIMITEDCIN:L40100GJ2010PLC059169E-mail : info@kpenergy.inWebsite: www.kpenergy.ln11. considered and fixed Book closure date for the purpose of 13th Annual GeneralMeeting and decided the cutoff date for E-voting and E-voting period mentionedbelow:Sr. No.ParticularsDate1Book Closure DateFrom September 24, 2022 to September 29,2022 (both days inclusive)2Cutoff date for ESeptember 23, 2022votingCDSLE-voting From September 26, 2022 at 10:00 AM toperiodSeptember 28, 2022 till 05:00 PM.312. considered and fixed record date as specified below for the purpose of declarationof final dividend subject to approval of shareholder in13th Annual GeneralMeeting:Sr.No.Particulars1Record Date for FinalDividendDateSeptember 23, 2022Request you to please take the same on your record.Thanking You,Yours faithfully,For K.P. Energy LimitedDigitally signed byAFFANAFFAN FARUK PATEL2022.09.02FARUK PATEL Date:12:39:16 05'30'Affan Faruk PatelWhole Time DirectorDIN: 08576337Encl.I Annexure - AReg. Office:'KP House'. Opp. lshwar Farm Junction BRTS, Near Bliss IVF Circle,Canal Road. Bhatar, Surat - 395017, GuJarat. India.Phone: 91-261-2234757, Fu 91-261-2234757E-mail: info@kpenergy.in, Website· www.kpenergy.inISO 14001:2015, ISO 9001:2015 and ISO 45001: 2018 Certified Company
Annexure-ADetails under Regulation 30 of the SEBI (Listing Obligations and cularalong withCIR/CFD/CMD/4/2015 dated September 9, 2015.1. Appointment of Mr. Affan Faruk Patel (DIN: 08576337), Whole Time Director of theCompany, who retires by rotation and being eligible offers himself for reappointment pursuant to provisions of Section 152 of the Companies Act, 2013 andother rules as applicable.Sr.ParticularsDetailsNo12345Reason for change viz.appointment, resignation, removal,death or otherwise;Date of appointment/cessation (asapplicable) & term of appointment;Brief profile (in case ofappointment);Disclosure of relationships betweendirectors (in case of appointment ofa director).Information as required pursuantto BSE Circular with ref. no.LIST /COMP /14/2018-19 andNational Stock Exchange of IndiaLimited with ref. no.NSE/CML/2018/02, dated June 20,2018.Re-appointmentDecember 26, 2019Mr. Affan Faruk Patel, aged 25 years is anElectrical Engineer. He has completed hisbachelor of Engineering from SarvajanikCollege of Engineering and Technology(SCET), Surat. He is also functioning asDirector in KPIG Renewables PrivateLimited, KPEV Charging Private Limited,Faaiz Money Changer Private Limited,Wind Farm Developers Private Limited,K.P Energy Mahua Windfarms PrivateLimited, Ungarn Renewables PrivateLimited, Kpark Sunbeat Private Limited,HGV DTL Transmission Projects PrivateLimited and KP Energy OMS Limited.Mr. Affan Faruk Patel is son of Mr.Farukbhai Gulambhai Patel, ManagingDirector of the Company.Mr. Affan Faruk Patel is not debarredfrom holding the office of Director byvirtue of any SEBI Order or any suchAuthority.
2. Appointment of Mrs. Venu Birappa (DIN: 09267710) as Non-Executive IndependentDirector of the Company.Sr.ParticularsDetailsNo123Reason for change viz.appointment, resignation, removal,death or otherwise;Date of appointment/cessation (asapplicable) & term of appointment;Brief profile (in case ofappointment);AppointmentJuly 06, 2022Appointment as an Additional Director tobe regularized as an IndependentDirector subject to approval of theMembers of the Company.Mrs. Venu Birappa holds a Bachelor'sDegree in Electrical Engineering from theMaharaja Sayajirao University Barodaand Diploma in Management from IndiraGandhi National Open University. Shealso holds Degree in Bachelor of Laws(General) from Saurashtra University.She also holds Certificate for completionof course and examination of QualityManagement Systems Auditor/ LeadAuditor TrainingbasedonISO9001:2005.Mrs. Venu Birappa is having more than 37years of rich and well versed workexperience in all the facets of the PowerSector i.e Regulatory, legal, finance,commerceandtechnicalaspectspertaining to Transmission, SystemOperation, and Distribution.Mrs. Venu Birappa has started herprofessional journey in the year 1984with erstwhile GEB and then GujaratTransmissionEnergyCorporationLimited (GETCO) and has been associatedwith it as an Executive Enaineer
45Disclosure of relationships betweendirectors (in case of appointment ofa director).Information as required pursuantto BSE Circular with ref. no.LIST /COMP /14/2018-19 andNational Stock Exchange of IndiaLimited with ref. no.NSE/CML/2018/02, dated June 20,2018.***(Regulatory & Commerce) until July 31,2021. She had active role andparticipation in the formulation ofRegulations under the Electricity Act,2003, dealt with petitions filed before theCommission on various subjects likeapproval of capital cost of thetransmission,issuesrelatedtotransmission Agreements and trading ofelectricity, disputes pertaining to BPTA,Tariff related issues, Open Access, IntraState ABT, Renewable Energy, CaptiveGeneration Plants, etc., pertaining torenewable energy field. She has alsoParticipated in public hearing fordetermination of generic tariff of theRenewable Energy Projects i.e. Solar,Wind, Hydro, MSW, Biomass and Bagasseetc. She has also represented GETCO inthe various petitions, appeals filed beforethe GERC, Hon'ble APTEL, Hon'ble HighCourt and Hon'ble Supreme Court andalso prepared the draft petitions, replies,written submissions required to be filedbefore these authorities.Mrs. Venu Birappa is not related to anyDirectors of the Company.Mrs. Venu Birappa is not debarred fromholding the office of Director by virtue ofany SEBI Order or any such Authority.
Management Systems Auditor/ Lead Auditor Training based on ISO 9001:2005. Mrs. Venu Birappa is having more than 37 years of rich and well versed work experience in all the facets of the Power Sector i.e Regulatory, legal, finance, commerce and technical aspects pertaining to Transmission, System Operation, and Distribution.
