K.P. Energy Limited announced a private placement to issue 688,800 convertible warrants at an issue price of INR 103 per warrant for the gross proceeds of INR 70,746,400 on July 4, 2024. The transaction will include participation from new investor Faruk G. Patel. The transaction has been approved by shareholders of company and is subject to general shareholders to be held on July 31, 2024.