Sun Drops Energia Pvt Ltd approves private placement of equity shares

The Board of Directors of Sun Drops Energia Private Limited (“Sun Drops”), a wholly owned subsidiary of KPI Green Energy Limited, at their meeting held on October 11, 2024, has approved the allotment of 10,66,098 equity shares of Sun Drops to Dr. Faruk G. Patel on a private placement basis.

As a result of this allotment, the status of Sun Drops has changed from a wholly owned subsidiary to a subsidiary of the Company.

Source : Equity Bulls

Keywords

KPIGreenEnergy SunDropsEnergia PrivatePlacement