Event Overview

KEC International Limited held its Twenty-First Annual General Meeting (AGM) on Friday, August 21, 2026, through Video Conferencing/Other Audio-Visual Means. The meeting commenced at 11:00 a.m. IST and concluded at 11:38 a.m. IST, including the time allowed for e-voting at the AGM.

Meeting Attendance and Participation

The meeting was chaired by Mr. Harsh V. Goenka, Chairman of the Company. A total of 64 members attended through VC/OAVM facility provided through Webex and Webcast facility of National Securities Depository Limited (NSDL).

Directors Present

The following directors attended the meeting:

  • Mr. Vimal Kejriwal, Managing Director & CEO
  • Mr. Vimal Bhandari, Independent Director and Chairman of the Audit Committee
  • Mr. M.S. Unnikrishnan, Independent Director and Chairman of the Nomination and Remuneration Committee and Risk Management Committee
  • Mr. Arvind Singh, Independent Director and Chairman of the Stakeholders' Relationship Committee and the Sustainability and Corporate Social Responsibility Committee
  • Mr. Harsh Vardhan Shringla, Independent Director
  • Ms. Neera Saggi, Independent Director
  • Dr. Shirish Sankhe, Independent Director
  • Mr. Vikram Gandhi, Independent Director
  • Mr. Vinayak Chatterjee, Non-Executive Director

Representatives of Statutory Auditors (M/s. Price Waterhouse Chartered Accountants LLP) and Secretarial Auditors (M/s. Parikh Parekh & Associates) were also present.

Voting Process and Scrutinizer Appointment

Remote e-voting was conducted from August 18, 2026, to August 20, 2026. Mr. P.N. Parikh of M/s. Parikh Parekh & Associates was appointed as Scrutinizer to scrutinize the e-voting process (both remote e-voting and e-voting at the AGM).

Resolutions Considered and Voting Results

Five resolutions were put to vote, all of which were passed with requisite majority:

Resolution 1: Ordinary Resolution

Adoption of Audited Standalone and Consolidated Financial Statements for FY 2025-26

  • Total votes polled: 207,292,776 shares (77.8711% of outstanding shares)
  • Votes in favor: 207,292,273 shares (99.9998%)
  • Votes against: 503 shares (0.0002%)

Resolution 2: Ordinary Resolution

Declaration of Dividend of ₹5.50 per equity share for FY 2025-26

  • Total votes polled: 207,604,568 shares (77.9882% of outstanding shares)
  • Votes in favor: 207,604,065 shares (99.9998%)
  • Votes against: 503 shares (0.0002%)

Resolution 3: Ordinary Resolution

Re-appointment of Mr. Vimal Kejriwal (DIN: 00026981) as Director

  • Total votes polled: 207,604,568 shares (77.9882% of outstanding shares)
  • Votes in favor: 207,387,172 shares (99.8953%)
  • Votes against: 217,396 shares (0.1047%)

Resolution 4: Ordinary Resolution

Ratification of remuneration to Cost Auditor

  • Total votes polled: 207,604,568 shares (77.9882% of outstanding shares)
  • Votes in favor: 207,603,787 shares (99.9996%)
  • Votes against: 781 shares (0.0004%)

Resolution 5: Special Resolution

Approval for payment of Commission to Mr. Harsh V. Goenka, Non-Executive Chairman

  • Total votes polled: 207,604,568 shares (77.9882% of outstanding shares)
  • Votes in favor: 187,745,237 shares (90.4341%)
  • Votes against: 19,859,331 shares (9.5659%)

Shareholder Category-wise Voting Breakdown

Promoter and Promoter Group (133,369,101 shares)

  • Unanimous support (100%) for all five resolutions

Public Institutions (82,266,661 shares)

  • Near-unanimous support for resolutions 1, 2, and 4 (100%)
  • 99.7139% support for resolution 3 (director re-appointment)
  • 73.2270% support for resolution 5 (chairman's commission)

Public Non-Institutions (50,564,238 shares)

  • 99.3580% support for resolution 1
  • 99.3580% support for resolution 2
  • 93.3327% support for resolution 3
  • 99.0032% support for resolution 4
  • 93.2867% support for resolution 5

Scrutinizer's Report Details

Mr. P.N. Parikh submitted the Consolidated Scrutinizer's Report dated August 21, 2026, confirming the voting results. The cut-off date for determining voting rights was August 14, 2026. No invalid votes were recorded for any resolution.

Additional Information

The meeting materials including the Integrated Annual Report for FY 2025-26 were sent to shareholders electronically. The Auditors' Report and Secretarial Auditors' Report did not contain any qualification, observation, or adverse remark. The Chairman highlighted the financial performance for FY 2025-26, performance of various businesses, and order book position during the meeting.