5423232026-09-275423232026-09-272026-09-27542323KPI Green Energy LimitedKPIGREENNOTLISTEDINE542W01025Updatefalse2026-09-2610:30:002026-08-212026-09-262026-09-27Acquisition (including agreement to acquire)Sun Drops Energia Limited ("SDEL"), a material subsidiary of KPI Green Energy Limited, proposed to acquire up to 100% of the equity share capital of DEK and Mavericks Green Energy Limited (DMGEL), for an aggregate consideration of up to Rs. 55.80 crore, to be discharged by issuance of up to 15,89,781 Compulsorily Convertible Preference Shares (CCPS) by SDELOthersSDEL has completed acquisition of 1,07,47,760 equity shares of DMGEL, representing 62.91% of the paidup equity share capital of DMGEL on September 26, 2026. Consequent to the aforesaid acquisition, DMGEL has become a subsidiary of SDEL and accordingly, a step-down subsidiary of the Company, in accordance with the applicable provisions of the Companies Act, 2013.