K.P. Energy Limited Informed that the Operation and Maintenance (O&M) business of KP Energy Limited is proposed to be developed as a separate vertical. Accordingly, a wholly owned subsidiary by the name "KP ENERGY OMS LIMITED" is proposed to be incorporated. The proposed wholly owned subsidiary shall be engaged in the field of operation and maintenance of the renewable power projects.

The proposed Authorized capital is INR 15,00,000. Company is planning to develop its O&M division as a separate vertical to achieve the economies of scale and streamline the focus on the core operation of O&M business.