1:1 Bonus Share Soon: Multibagger Small Cap Power Sector Stock Decides Record Date

Small cap company operating in Power sector, KPI Green Energy Ltd has today declared the record date for 1:1 bonus issue. It implies that shareholders will get 1 bonus share for every 1 share held. The record date is January 18, 2022. The company has a market capitalisation of Rs 1638 crore. Check key takeaways below:

1. KPI Green Energy Fixes Record Date For 1:1 Bonus Issue

The board of directors of the small cap company stated in the BSE filing as on December 12, 2022, "Pursuant to Regulation 42 of Listing Regulations, the Company has fixed Wednesday, January 18, 2023 as the 'Record Date' for the purpose of determining the names of Members who shall be entitled for allotment of bonus equity shares in the ratio of 1: 1 i.e. 1 (One) new fully paid-up equity share of Rs. 10/- each for every 1 (One) fully paid-up equity share of Rs. 10/each held by the existing Members of the Company.

2. KPI Green Energy Stock Performance

The last trading price of the stock is Rs 906 apiece with an intraday gain of 0.92%. The 52-week high of the stock is Rs 975 apiece and 52-week low is Rs 283 apiece, respectively.

3. KPI Green Energy Return

The stock has given multibagger returns to shareholders. In the last 5-years, the stock has given 614% return, in last 1-year, the return is 184%. The stock has zoomed 51% in last 6-months.

4. About KPI Green Energy

KPI Green Energy Limited (Formerly known as K.P.I. Global Infrastructure Limited), is the solar vertical of KP Group and a prominent Gujarat based solar power generating company. Incorporated in February, 2008, focused on providing solar power through different Business verticals.

Disclaimer

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