KEC International Ltd

Governance / Compliance

• DGE Mali issued assessment order covering Jan 2020–Dec 2021.
• Tax demand FCFA 367 Mn; penalties FCFA 408 Mn (Rs 6.10 Cr & 6.79 Cr).
• Company to contest the order; believes the demand is not correct.
• No material financial impact expected from the order.
• Order communicated on September 29, 2026.

Regulatory update

• DGE Mali issued assessment for 2020–21; tax FCFA 367 mn and penalties FCFA 408 mn.
• Total proposed liability FCFA 775 mn; order received 29 Sep 2026.
• Company contesting the order and pursuing legal remedies; no material financial impact expected.

KEC International Ltd — Trading Window closed from October 01, 2026 till 48 hours after the declaration of Unaudited Financial Results for the quarter and half year ending on September 30, 2026

Meeting Details

• September 28, 2026: Nuvama Emerging India CEO Forum, in-person Mumbai; One-on-One/Group Meet.
• September 29, 2026: PL Capital Mid & Small Cap Conference 2026—Emerging Titans, in-person Mumbai; One-on-One/Group Meet.
• September 30, 2026: Bharat Connect Conference: Rising Stars (Sept 2026), Virtual (Over Call); One-on-One/Group Meet.

Purpose

• Purpose: Analyst/institutional investor meetings and related interactions.

Additional Notes

• Note: Dates subject to change due to exigencies.
• Note: Presentations, if any, will align with those on company/stock exchange sites.

New orders overview

• Total order value: Rs 1,303 crores across T&D and Cables & Conductors.
• T&D orders include 400 kV line in Northern India.
• 380 kV transmission lines in Saudi Arabia.
• Supply of towers, hardware and poles in the Americas.
• Cables & Conductors orders India and overseas.
• YTD order intake stands at over Rs 7,600 crores.
• Geographic spread includes India, Middle East and Americas.
• Outlook: orders support growth with robust pipeline.
• Management cites robust T&D outlook and large opportunity pipeline.

AGM details

• AGM held on 21 August 2026, 11:00–11:38 IST, via VC/OAVM.
• Remote e-voting: Aug 18–20, 2026; voting cut-off: Aug 14, 2026.
• Attendance comprised 64 members; no proxy facility.
• Chairman Harsh V. Goenka chaired the meeting; notices and annual report circulated.
• All five resolutions were put to vote and approved.

Key resolutions

• Resolution 1 (Ordinary): Adoption of standalone and consolidated financial statements.
• Resolution 2 (Ordinary): Dividend declaration of Rs 5.50 per share.
• Resolution 3 (Ordinary): Re-appointment of Vimal Kejriwal by rotation.
• Resolution 4 (Ordinary): Ratification of remuneration to Cost Auditor.
• Resolution 5 (Special): Approval for payment of Commission to Harsh V. Goenka.

Voting results by resolution

• Res 1: Passed; 100% in favour, no opposition.
• Res 2: Passed; 100% in favour, no opposition.
• Res 3: Passed; 99.90% in favour, 0.10% against.
• Res 4: Passed; 99.9996% in favour, 0.0004% against.
• Res 5: Passed; 90.434% in favour, 9.566% against.

Dividend details

• Dividend Rs 5.50 per equity share for FY2025-26; approved.

Directors and auditors

• Director by rotation: Vimal Kejriwal re-appointed.
• Cost Auditor remuneration ratified.

Related party and other approvals

• No material related party transactions approved.

Guarantee Details

• AED 300 million corporate guarantee issued for Al Sharif Group and KEC Limited (subsidiary) to overseas bank.
• Replaces earlier AED 181.50 million guarantee; promoter group not interested.
• Contingent liability with no current impact.