KEC International Ltd

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.

Corporate Guarantee issuance

• Corporate Guarantee of AED 300 million issued Aug 19, 2026 for Al Sharif Group & KEC Limited Company.
• Promoter/Promoter Group are not interested in this transaction.
• Guarantee amount replaces earlier AED 181.50 million for the same bank.
• Impact: potential contingent liability; no present material impact on the company.

Filing Status

• Wrapper metadata; no substantive transcript content in this chunk; transcript available on company site.

Tax penalty update

• Penalty order of Rs 17,12,024 under Central Sales Tax Act issued by Assistant Commissioner (ST), Salem.
• Penalty relates to alleged turnover mismatch for Assessment year 2014-15; order received August 12, 2026.
• Company to contest the demand and pursue appropriate legal remedies.
• No material financial impact anticipated per management commentary.

Meeting Details

• Date: August 14, 2026.
• Organizer: JM Financial Institutional Securities Limited.
• Mode/Location: In-person, Mumbai.
• Nature: One-on-One/Group Meet.
• Purpose: Analyst/Institutional Investors meet.
• Presentation, if any, will be available on company/stock exchange websites.
• Date is subject to changes.

Meeting Details

• Date and time: August 11, 2026, 10:00 IST.
• Type and mode: Earnings conference call; audio recording released.
• Event/organiser: KEC International Limited.
• Purpose: Recordings of unaudited Q1 FY27 results earnings discussion.
• Key participants: Company Secretary and Compliance Officer (signatory communications).
• Availability: Audio recording posted on company website (no transcript noted).