KPI Green Energy Limited - Clarification

28 Sep 2022 , 12:00 AM

The Exchange has sought clarification from KPI Green Energy Limited with respect to announcement dated 27-Sep-2022 informing about General updates.On the basis of aforesaid announcement, the Company is required to provide/clarify the following: 1. Time period by which the order(s)/contract(s) is to be executed; 2. Broad consideration or size of the order(s)/contract(s); 3. Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof; 4. Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at ?arms length?. The response of the company is awaited.