According to the information released on the exchange, the company gave one bonus share for the first time in the year 2023. After this, the company gave one bonus share for 2 in the month of February 2024. At the same time, now the company is going to give bonus shares again on November 14.
KPI Green Energy informed the exchange
that a board meeting will be held on November 14. In this board meeting, the company will consider the bonus shares. If the decision is taken, the company will give the second bonus share in the year. However, the company's shares are in ASM stage two. The shares have been placed in stage 21 of Additional Surveillance Measure. ASM is a regulatory mechanism established by the stock exchange under which special securities are kept under additional surveillance. According to the BSE website, this step is taken to protect the interests of common investors. According to the exchange, steps are taken from time to time to monitor the trading of securities in the interest of investors and there is a mechanism for this. However, sometimes additional movement is seen in a stock, additional steps are implemented to keep an eye on it. Such stocks are placed in the ASM category. What does KPI Green Energy do: It is a company working in green energy. This Gujarat-based company is mainly in the solar power generation business. The company operates as an independent power producer,
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