iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

KP Energy Rockets 5% on Bonus Share Buzz and Key Board Decisions

28 Dec 2023 , 03:06 PM

KP Energy’s share price hits a 5% upper circuit in early trade on December 28, following news of the board considering bonus shares.

The stock is trading at Rs 653.60 at the time of writing, reflecting a 5% increase from the previous close.

The company’s board is scheduled to meet on December 30 to discuss the proposal for issuing bonus equity shares to shareholders.

Additionally, the board will review and approve the increase in the authorized share capital to facilitate the issuance of bonus equity shares, if approved.

Board deliberations will also cover the appointment (regularization) of Dukhabandhu Rath as a non-executive independent director and Amitkumar Subhashchandra Khandelwal as a whole-time director.

Last week, KP Group secured a supply order for 193.2 MW wind turbines from Suzlon Energy, consisting of 92 turbines of the S120-140-HLT model, each with a rated capacity of 2.1 MW.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • KP Energy
  • news
  • Top News
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.