KPI Global Infrastructure marks a beginning of a new era, as its shares start trading on both the major stock exchanges of India – BSE & NSE
Mr. Faruk Patel
Speaking with reporters, KPI Global Infrastructure Ltd.’s founder cum promoter Mr. Faruk Patel expressed gratitude towards BSE & NSE and said that the trading of equity shares on both the exchanges would lead to greater visibility for the company and will allow the company to deliver higher value to all the stakeholders.
Sharing details about the projects undertaken by the company, Mr. Patel said, “We have executed more than 60 MW of solar power projects under the Captive Power Producer (CPP) and Independent Power Producer (IPP) models so far, and 40 MW projects are in the advanced stage of completion. We aim to touch 1,000 MW of solar projects by 2025 and are confident of delivering high-quality projects in the future too. We also take this opportunity to express our gratitude towards the shareholders for their faith in us."
It is worth mentioning that KPI Global Infrastructure Ltd came out with its IPO on January 22, 2019. The company raised Rs. 39.94 crore by issuing 49,92,000 equity shares. The IPO was oversubscribed by more than 11 times.
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