Kay Cee Energy & Infra Limited — Board Meeting, 28-01-2025: Outcome of Board Meeting

The Board of Directors of Kay Cee Energy & Infra Limited has approved several key initiatives, subject to shareholder approval at the upcoming Extraordinary General Meeting. These include:

1. Raising up to ₹ 45 Cr through a Qualified Institutions Placement (QIP).

2. Increasing Authorized Capital from ₹ 11 Cr to ₹ 13 Cr.

3. Appointing GYR Capital Advisors as Book Running Lead Manager and Vidhigya Associates as Legal Counsel for the QIP.

4. The EGM is scheduled for February 27, 2025, conducted via video conference, with the cut-off date for determining eligible shareholders set for January 31, 2025.

Further details on e-voting and scrutinization have also been addressed.