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K.P. Energy Ltd.

BSE: 539686 Sector: Infrastructure
NSE: N.A. ISIN Code: INE127T01013
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OPEN 300.00
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VOLUME 2500
52-Week high 370.00
52-Week low 56.00
P/E 15.31
Mkt Cap.(Rs cr) 257
Buy Price 282.00
Buy Qty 1250.00
Sell Price 319.95
Sell Qty 1250.00

K.P. Energy Ltd. (KPENERGY) - Director Report

Company director report

To

The Members

K.P. Energy Limited

Your Directors present hereunder the 7th Annual Report on the Business andoperations of the Company along with audited statement of accounts of your Company for theFinancial Year ended March 312016. The financial results are summarized as under:

1. FINANCIAL PERFORMANCE OF THE COMPANY:

Particulars

Standalone

Consolidated

2016 2015 2016 2015
Revenue from operations 414525000 269252380 414525000 269252380
Other Income 500971 1083090 500971 1083090
Less: Expenditure 319326913 221227788 319326913 221227788
Earnings before interest tax depreciation and amortization (EBITDA) 95699058 49107682 95699058 49107682
Finance Cost 9346206 3794409 9346206 3794409
Depreciation 7529118 1664558 7529118 1664558
Profit Before Taxation 78823734 43648715 78823734 43648715
Provision For Taxation 7585210 12042984 7585210 12042984
Deferred I-Tax Liability 19215246 2180618 19215246 2180618
Net Profit 52023278 29425113 52023278 29425113

2. FINANCIAL HIGHLIGHTS & OPERATIONS:

The Key highlights pertaining to the business of the company for the year 2015-16 andperiod subsequent there to have been given hereunder:

+- On a standalone & Consolidated basis the Company achieved revenue fromoperations of Rs. 414525000 and EBT of Rs 78823734 as against Rs 269252380 and Rs43648715 respectively in the previous year.

+- The Net profit of the company during the year under review has increased to Rs.52023278 as compared to net profit of Rs 29425113 in the previous year.

+- The Directors trust that shareholders will find the performance of the company forthe financial year 2015-16 to be satisfactory. The Earning per share (EPS) of the companyis Rs. 20.42 per share.

+- Paid up share capital of the company increased to Rs. 34200000 from Rs. 10000000Pursuant to Bonus issue of 1500000 (Fifteen lac) Equity shares of face value of Rs. 10/-each dated April 10 2015 and Initial public offering (IPO) of Rs. 64400000 (Rupees Sixcrore forty four lacs) under SME platform of BSE 920000 (Nine lac twenty thousand)Equity share of Rs. 10/- each at price of Rs. 70/- per Equity shares allotted as onFebruary 23 2016 in terms of prospectus dated February 19 2016.

Your Company is very well positioned to take advantage of ever increasing demand forthe renewable energy resources. In view of this development your Directors are hopeful toachieve better results in the coming years. In view of this development the Company hasalready proceeded to develop 100 MW Infrastructure in the state of Gujarat. During theyear the company has commissioned 31.5 MW in Gujarat. Your company has set up 2.1 MW windpower project during the year under review as part of its IPP initiative at MatalparBhavnagar Gujarat.

3. APPROPRIATIONS:

DIVIDEND:

To conserve resources the Directors do not recommend any dividend for year ended March31 2016

TRANSFER TO RESERVE:

The company has transferred the whole amount of Profit to Reserve and surplus accountas per attached audited Balance sheet for the year ended on 31st March 2016.

: BONUS SHARES

The Company has allotted 1500000 (Fifteen lac) fully-paid-up equity shares of facevalue of Rs. 10/- each dated April 10 2015 to shareholders of company in proportion of3:2 and consequently the paid up share capital increased to Rs.25000000 (Two croresfifty lacs) divided into 2500000 equity shares of Rs. 10/- each

4. CONVERSION OF COMPANY FROM PRIVATE LIMITED TO PUBLIC LIMITED:

Pursuant to Section 14 and other applicable provisions and rules if any of theCompanies Act 2013 the approval of the members accorded to the conversion of the statusof Company from "K.P. Energy Private Limited" to "K.P. Energy Limited"in the Extra Ordinary General Meeting of the Company held on 10th April 2015.The Registrar of Companies Gujarat Dadra and Nagar Haveli has on 11th May2015 issued Fresh Certificate of Incorporation Consequent upon Conversion from PrivateCompany to Public Company.

5. CLASSES OF SHARES:

As on date the Company has only one class of share capital i.e. Equity Shares of Rs.10/- each.

6. EXTRACT OF ANNUAL RETURN:

The extract of the annual return in Form MGT-9 in terms of Section 92(3) of theCompanies Act 2013 for the financial year under review has been provided in anAnnexure-VI which forms part of the Directors' Report.

7. CONSOLIDATED FINANCIAL STATEMENTS:

In accordance with the Companies Act 2013 and Accounting Standard AS-21 onConsolidated Financial Statements the audited Consolidated Financial Statements areprovided in the Annual Report.

8. NUMBER OF BOARD MEETING HELD:

The Board of Directors met 33 (Thirty Three) times in the year 2015-16. The detailspertaining to number of Board Meetings held during the financial year under review andattendance of Directors have been provided in the Corporate Governance Report .

9. INITIAL PUBLIC OFFERING (IPO):

During the year under review your company entered into the capital markets with amaiden public issue of 920000 equity shares of Rs. 10/- each at a premium of Rs. 60/-per share aggregating to Rs. 64400000. The issue received good response and the same wasoversubscribed 1.16 times. The equity shares have been listed and traded on the SMEPlatform of BSE Ltd Subsequent to the IPO the issued subscribed and paid up capital ofyour company stands at Rs. 34200000 divided into 3420000 equity shares of Rs. 10/-each. The Company has fully spent / utilized the proceeds of the funds raised under theIPO as per the object of the issue up to May 14 2016. The disclosure in compliance withthe SEBI Regulation 32 of the SEBI (Listing Obligation and Disclosure Requirement)Regulations 2015 is as under:

Sr. No. Particulars Amount (in lakhs) projected utilization of funds as per offer document (Rs. in Lakhs) Amount (in lakhs)actual utilization of funds till May 14 2016 Deviation (if any)
1 Setting up of 2.10 MW wind power project as part of our ndependent Power Producers (IPP) initiative at Matalpar Bhavnagar Gujarat. 483.10 483.10 NIL
2 General Corporate Purposes 76.80 76.80 NIL
3 Issue Expenses 84.10 84.10 NIL
Total 644.00 644.00 NIL

10. CAPITAL STRUCTURE:

Your Company has made allotments of Equity Shares from time to time. The following isthe paid up Equity Share Capital Build-up of Company since incorporation & during theyear under review:

Date of Allotment of Equity Shares No. of Equity Shares Face Value (Rs.) Issue Price (Rs.) Nature / Reason of Allotment Nature of Consideration Cumulative No. of Equity Shares Cumulative Paid Up Share Capital (Rs.) Cumulative Share Premium (Rs.)
Upon Incorporation 10000 10 10 Subscription to MoA Cash 10000 100000 Nil
March 31 2013 490000 10 10 Further Allotment Cash 500000 5000000 Nil
March 20 2015 75000 10 20 Further Allotment Cash 575000 5750000 750000
March 23 2015 200000 10 20 Further Allotment Cash 775000 7750000 2750000
March 31 2015 225000 10 20 Further Allotment Cash 1000000 10000000 5000000
April 10 2015 1500000 10 Nil Bonus Allotment Other than Cash 2500000 25000000 5000000
February 23 2016 920000 10 70 Initial Public Offer Cash 3420000 34200000 60200000

CHANGES IN AUTHORIZED SHARE CAPITAL:

(i) The initial authorized share capital of Rs. 100000 divided into 10000 EquityShares Rs. 10/- each was increased to Rs.5000000 divided into 500000 Equity Shares ofRs. 10/- each pursuant to a resolution of our shareholders dated December 15 2012.

(ii) The authorized share capital of Rs. 5000000 divided into 500000 Equity Sharesof Rs. 10/- each was increased to Rs.15000000 divided into 1500000 Equity Shares ofRs. 10/- each pursuant to a resolution of our shareholders dated September 30 2014.

(iii) The authorized share capital of Rs. 15000000 divided into 1500000 EquityShares of Rs. 10/- each was increased to Rs.50000000 divided into 5000000 EquityShares of Rs. 10/- each pursuant to a resolution of our shareholders dated April 10 2015.

11. SME FUNDAMENTAL GRADING:

Your Company has opted for CRISIL SME fundamental grade wherein CRISIL has assigned aCRISIL SME fundamental grade of ‘SME 3/5' (pronounced ‘SME three on five') tothe Company in its Grading Report dated December 24 2015. This SME fundamental gradeindicates that fundamentals of the company are good compared with other SMEs in India.

12. DEPOSITES:

The Company has neither accepted/invited any deposits u/s 73 of the Companies Act 2013during the period nor there any outstanding deposit of earlier years within the meaningof Section 58A of the Companies Act 1956.

13. MEETING OF INDEPENDENT DIRECTORS:

The independent directors of company met one time during the year on Thursday 31stMarch 2016 under the requirement of Regulation 24 of SEBI (Listing Obligations andDisclosure Requirements) Regulations 2015.

14. BOARD EVALUATION:

The evaluation of all the directors and the Board as a whole was conducted based on thecriteria and framework adopted by the Board. The evaluation process has been explained inthe corporate governance report section in this Annual Report.

15. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

During the year under review details of Appointment and resignation of Directors &KMPs are as under:

Sr. No Name DIN Current Designation Occupation Term Nationality Age
1 Mr. Farukbhai Gulambhai Patel (DIN: 00414045) Managing Director Indian 44 years
Date of appointment as Director: January 08 2010
Date of appointment as Managing Director: July 15 2015
Term: Five Years beginning on July 15 2015 up to July 14 2020
Occupation: Business
2 Mr. Ashish Ashwin Mithani DIN: (00152771) Whole-Time Director Indian 42 years
Date of appointment as Director: January 08 2010
Date of appointment as Whole Time Director: July 15 2015
Term: Five Years beginning on July 15 2015 up to July 14 2020
Occupation: Business
3 Mr. Raghavendra Rao Bondada DIN: (01883766) Indian 42 years
Non-Executive Independent Director
Date of appointment as Non Executive Independent Director:
August 17 2015
Term: Five Years beginning on August 17 2015 up to August 17 2020
Occupation: Business
4 Mr. Sajesh Bhaskar Kolte DIN: (07277524) Indian 43 years
Non-Executive Independent Director
Date of appointment as Non Executive Independent Director:
September 3 2015
Term: Five Years beginning on September 3 2015 up to
September 3 2020
Occupation: Business
5 Mrs. Bhadrabala Dhimantrai Joshi (DIN: 07244587) Indian 58 years
Non-Executive Non-Independent Director & Chairperson
Date of appointment as Non Executive Non-Independent
Director: August 17 2015
Term: Liable to Retire by Rotation
Occupation: Senior Advocate
6 Mr. Bhupendra Vadilal Shah (DIN: 06359909) Indian 66 years
Additional Director
Date of appointment as Additional Director: July 30 2016
Term: Till ensuing 7th Annual General Meeting to be held on
September 19 2016
Occupation: Business

The Board of Directors in their meeting held on April 08 2015 appointed Mr. PravinRadhekant Singh as Chief Financial Officer (CFO) of the Company.

Ms. Nita Mishra was appointed as company secretary & compliance officer and keymanagerial personnel under section 2013 of Companies Act 2013 by the Board of Directors ofthe Company in their meeting held on July 1st 2015.

The Board considered resignation of Mr. Muhammedibarahim Gulamabbas Mujawar (DIN:06672189) from the post of Director due to pre occupations in their meeting held on August19 2015.

16. MATERIAL CHANGES AND COMMITMENTS AFFECTING THE FINANCIAL POSITION OF THE COMPANYWHICH HAVE OCCURRED BETWEEN THE END OF THE FINANCIAL YEAR OF THE COMPANY TO WHICH THEFINANCIAL STATEMENTS RELATE AND THE DATE OF THE REPORT:

There are material changes and commitments affecting the financial position of thecompany have occurred between the end of the financial year of the company to which thefinancial statements relate and the date of this report as given below:

+- The Company has appointed Mr. Bhupendra Vadilal Shah (DIN: 06359909) as additionalDirector in Board meeting held on 30th July 2016 who shall be regularise asNon Executive Director in ensuing 7th AGM of the company.

+- The Company has taken note of resignation of Ms. Nita Mishra (Membership No. A39489)as Company Secretary and Compliance Officer w.e.f. 22nd July 2016 under theprovisions of the Companies Act 2013.

+- The Company has appointed Mr. Karmit H. Sheth (Membership No. A46197) CompanySecretary and Compliance Officer under the provisions of the Companies Act 2013 in theboard meeting held as on 30th July 2016.

+- The Company has taken note of resignation of M/s Bipinchandra J. Modi & Co.(FRN: 101521W) Statutory Auditor's of Company w.e.f. 22nd July 2016 underthe provisions of the Companies Act 2013.

+- The Company has appointed M/s K A SANGHVI & CO. (Firm Registration No 120846W)Chartered Accountants Surat as Statutory Auditors of Company to fill casual vacancy tillthe date of ensuing Annual General Meeting of the company under the provisions of theCompanies Act 2013.

+- The Company has appointed M/s. SJV & Associates Company secretaries (MembershipNo. A35681) practicing Company Secretaries as Secretarial Auditor of Company in the boardmeeting held on 15th June 2016 under the provisions of the Companies Act2013.

17. DECLARATION BY AN INDEPENDENT DIRECTOR(S):

A declaration by an Independent Director(s) that they meet the criteria of independenceas provided in sub-section (6) of Section 149 of the Companies Act 2013 has been taken bythe company.

An independent director shall hold office for a term up to five consecutive years onthe Board of a Company but shall be eligible for reappointment for next five years onpassing of a special resolution by the Company and disclosure of such appointment in theBoard's report. It has been provided in an Annexure-II & III which forms part of theDirectors' Report.

18. CONSTITUTION OF COMITTEES:

AUDIT COMMITTEE:

The Company has constituted an Audit Committee in accordance with Section 177(1) of theCompanies Act 2013 the details of which have been provided in the Corporate GovernanceReport forming part of this Annual Report. There has been no instance where the Board ofDirectors had not accepted any recommendation of the Audit Committee.

NOMINATION & REMUNARATION COMMITTEE:

The Company has constituted Nomination and Remuneration Committee in accordance withSection 178 of the Companies Act 2013 the details of which have been provided in theCorporate Governance Report forming part of this Annual Report.

STAKEHOLDER RELATIONSHIP COMMITTEE:

The Company has constituted Stakeholder relationship Committee in accordance withSection 178 of the Companies Act 2013 the details of which have been provided in theCorporate Governance Report forming part of this Annual Report.

19. AUDITORS:

STATUTORY AUDITORS:

pursuant to Section 139(1) of the Companies Act 2013 and the Companies (Audit &Auditors) Rules 2014 Bipinchandra J. Modi & Co. Chartered Accountants bearingRegistration No.101521W was appointed as Auditor of the company to hold from theconclusion of Fifth AGM held on September 30 2014 of the company to the conclusion of theTenth AGM of the company for the financial year ending March 31 2019 subject toratification of the appointment by the members at every AGM. M/S K A SANGHAVI & CO.Charted Accountants bearing Firm Registration No. 120846W shall be appointed by themembers of the company in ensuing annual general meeting to hold office from theconclusion of 7th AGM to the conclusion of the 12th AGM for thefinancial year ending March 31 2021 subject to ratification of the appointment by themembers at every AGM held after this AGM.

STATUTORY AUDITORS' OBSERVATIONS IN AUDIT REPORT:

The notes on financial statement referred to in the auditor's report areself-explanatory. There is no qualification reservation or adverse remarks or disclaimermade by the auditors in their report and do not call for any further explanation/commentfrom the board.

SECRETARIAL AUDITOR:

Pursuant to provision of Section 204 of Companies Act 2013 and Rules made there underM/s SJV & Associates Company Secretaries has been appointed as a Secretarial Auditorof the Company for the "Financial Year 2015-16" in Meeting of Board of Directorsheld on June 15 2016. A Secretarial Audit Report in Form MR-3 given by M/s. SJV &Associates Company Secretaries has been provided in an Annexure-I which forms part of theDirectors Report.

SECRETARIAL AUDITORS' OBSERVATIONS IN SECRETARIAL AUDIT REPORT:

There is no qualification reservation or adverse remarks or disclaimer made by theauditors in their report and do not call for any further explanation/comment from theboard.

INTERNAL AUDITOR:

In terms of Section 138 of the Companies Act 2013 read with the Companies (Accounts)Rules 2014 the Company has appointed Mr. Harsh Shah Chartered Accountant (Membershipno. 165448) as an Internal Auditor of the Company.

20. INTERNAL AUDIT & CONTROLS:

The Company engaged Mr. Harsh Shah Chartered Accountant as Internal Auditor ofCompany. During the year the Company continued to implement his suggestions andrecommendations to improve the control environment. Their scope of work includes review ofprocesses for safeguarding the assets of the Company review of operational efficiencyeffectiveness of systems and processes and assessing the internal control strengths inall areas. Internal Auditor's findings are discussed with the process owners and suitablecorrective actions taken as per the directions of Audit Committee on an ongoing basis toimprove efficiency in operations.

21. VIGIL MECHANISM:

In pursuant to the provisions of section 177(9) & (10) of the Companies Act 2013a Vigil Mechanism for directors and employees to report genuine concerns has beenestablished. The Vigil Mechanism Policy has been uploaded on the website of the Companythe link provided below:

(http://www.kpenergy.in/Download/Code%20&%20Policies/Vigil%20Mechanism.pdf)

22. CORPORATE SOCIAL RESPONSIBILITY POLICY:

The Company has constituted the CSR Committee in accordance with Section 135(1) of theCompanies Act 2013 which is applicable to the company from financial year 2016-2017 thedetails of which have been provided in the Corporate Governance Report forming part ofthis Annual Report. The Board of Directors has approved the CSR policy which is availableon the Company's website.

(http://www.kpenergy.in/Download/Code%20&%20Policies/Corporate%20Social%20Responsibility%20Policy.pdf).

23. HEALTH SAFETY & ENVIRONMENT POLICY:

The Company has recognized health management occupational safety and environmentprotection (HSE) as one of the most important elements in the organization's sustainablegrowth and has closely linked it to its cultural values. Company continually strives tocreate a safe working environment by being responsive caring and committed to the variousneeds governing the security and well-being of employees. The HSE policy of the company isavailable on the Company's website at link provided below:

(http://www.kpenergy.in/Download/Code%20&%20Policies/Health%20Safety%20&%20Environment%20policy.pdf)

24. SUBSIDIARIES JOINT VENTURES AND ASSOCIATE COMPANIES:

The Company has recently acquired controlling interest as on July 01 2015 in three ofits group companies thereby making them our subsidiaries.

As on March 2016 there are no joint ventures of the Company.

25. MANAGEMENT DISCUSSION AND ANALYSIS:

The Management Discussion and Analysis Report on the operations of the Company has beenprovided in a separate section which forms part of this Annual Report

26. OBLIGATION OF COMPANY UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE(PREVENTION PROHIBITION AND REDRESSAL) ACT 2013

There was no case filled during the year under the sexual harassment of women atworkplace (Prevention Prohibition &Redresser) Act 2013. Further Company ensures thatthere is a healthy and safe atmosphere for every women employee at the workplace and madethe necessary policies for safe and secure environment for women employee. The SexualHarassment Policy of the company has been reviewed at the Meeting of Independent Directorsof the company held on March 312016.

27. CONSERVATION OF ENERGY TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS ANDOUTGO:

There was no technology absorption and no foreign exchange earnings or outgo duringthe year under review. Hence the information as required under Section 134(3)(m) of theCompanies Act 2013 read with the Companies (Accounts) Rules 2014 is to be regarded asNil. The Company has not entered into any technology transfer agreement.

28. CORPORATE GOVERNANCE:

Details regarding Corporate Governance Report of the Company regarding compliance ofthe conditions of Corporate Governance pursuant to SEBI (Listing Obligations andDisclosure Requirements) Regulations 2015 with stock exchanges is annexed here with inAnnexure- IX which forms part of the Directors Report.

29. PARTICULARS OF CONTRACTS AND ARRANGEMENTS WITH RELATED PARTY:

The particulars of contracts / arrangements with related parties referred to in Section188(1) entered into during the financial year under review as required to be given in FormAOC-2 have been provided in an Annexure-VIII which forms part of the Directors' Report.

30. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS:

There are no significant and material orders passed by the Regulators/Courts whichwould impact the going concern status of the Company and its future operations during theyear under review.

31. HUMAN RESOURCES & INDUSTRIAL RELATIONS:

The Company is pleased to report that during the year under reporting the industrialrelations were cordial.

32. PARTICULARS OF LOANS GUARANTEES OR INVESTMENTS:

The company has not given any loans or made investments covered under the provisions ofsection 186 of the Companies Act 2013 during the Financial Year 2015-16. The company hasgiven Bank Guarantee of Rs. 2.5 Crores to M/s Gujarat Energy Corporation Limited (GETCO)for 50 MW Wind power project at village: Vaghnagar Taluka: Mahuva Dist.: BhavnagarGujarat for 66 KV Vadli substation and Rs. 2.5 Crores for 50 MW Wind power project atvillage:Degam Taluka: Porbandar Dist.: Porbandar Gujarat for 66 KV Bakharla Substation.

33. DISCLOSURE OF REMUNERATION OF EMPLOYEES COVERED UNDER RULE 5(2) OF THE COMPANIES(APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL) RULES 2014:

The provisions of Rule 5(2) & (3) of the Companies (Appointment & Remunerationof Managerial Personnel) Rules 2014 requiring particulars of the employees in receipt ofremuneration in excess of Rs.60 lacs per year to be disclosed in the Report of Board ofDirectors are not applicable to the Company as none of the employees was in receipt ofremuneration in excess of Rs.60 lacs during the financial year 2015-16.

34. DIRECTORS' RESPONSIBILITY STATEMENT:

To the best of their knowledge and belief and according to the information andexplanations obtained by them your Directors make the following statements in terms ofthe Section 134(3)(c) of the Companies Act 2013:

I. That in the preparation of the annual financial statements for the year ended March31 2015 the applicable accounting standards have been followed along with properexplanation relating to material departures if any;

II. That such accounting policies as mentioned in the Financial Statements as‘Significant Accounting Policies' have been selected and applied consistently andjudgments and estimates have been made that are reasonable and prudent so as to give atrue and fair view of the state of affairs of the company as at March 312015 and of theprofit of the Company for the year ended on that date;

III. That proper and sufficient care has been taken for the maintenance of adequateaccounting records in accordance with the provisions of the Companies Act 2013 forsafeguarding the assets of the Company and for preventing and detecting fraud and otherirregularities;

IV. That the annual financial statements have been prepared on a going concern basis;

V. That proper internal financial controls were in place and that the financialcontrols were adequate and were operating effectively;

VI. Those proper systems to ensure compliance with the provisions of all applicablelaws were in place and were adequate and operating effectively.

35. LISTING WITH STOCK EXCHANGE:

K.P. Energy Limited got its shares listed on SME Platform of the BSE Limited onFebruary 25 2016. It has paid Annual Listing Fees for the year 2016 - 2017 to BSELimited.

36. OTHER DISCLOSURES:

Your Directors state that no disclosure or reporting is required in respect of thefollowing items as there were no transactions on these items during the year under review:

1. Details relating to deposits covered under Chapter V of the Act.

2. Issue of equity shares with differential rights as to dividend voting or otherwise.

3. Issue of shares (including sweat equity shares) to employees of the Company underany scheme.

4. Neither the Managing Director nor the Whole-time Directors of the Company receiveany remuneration or commission from any of its subsidiaries.

37. ACKNOWLEDGEMENT:

The Directors wish to place on record their appreciation for the co-operation andsupport received from the government of India all state level nodal agencies and allstate electricity boards.

The Directors are thankful to all the Bankers Financial Institutions and the InvestorGroup for their support to the Company. The Board places on record its appreciation forcontinued support provided by the esteemed customers suppliers bankers financialinstitutions consultants and shareholders.

Your Directors also wish to place on record their deep sense of appreciation for thecommitted services hard work and dedication by the Company's executives staff andworkers.

For and on behalf of the Board of Directors
Place: Surat K.P. ENERGY LIMITED
Date: 30/07/2016

 

Farukbhai Gulambhai Patel Ashish Ashwin Mithani
Managing Director Whole Time Director
DIN:00414045 DIN:00152771