KEC International Confirms Q4 FY26 SEBI Compliance for Share Handling

KEC International Ltd announced on April 10, 2026, that it received a certificate of compliance from its Registrar and Transfer Agent, MUFG Intime India Private Limited. This certificate pertains to the quarter ended March 31, 2026. The company confirmed its adherence to SEBI (Depositories and Participants) Regulations, 2018, which govern the smooth processing of dematerialised securities.

SEBI Compliance Certificate Received

KEC International has obtained a certificate confirming its compliance with the SEBI (Depositories and Participants) Regulations, 2018. This regulatory confirmation covers the period up to March 31, 2026. MUFG Intime India Private Limited, the company's Registrar and Transfer Agent (RTA), issued the certification. It assures that dematerialised securities are processed correctly and records are kept up-to-date.

Investor Assurance and Regulatory Adherence

This filing reinforces KEC International's commitment to established regulatory standards. It provides investors with assurance that the company's processes for share transfer and dematerialisation are being managed correctly. Such compliance is essential for maintaining market integrity and fostering investor confidence.

Company and Regulatory Background

KEC International is a global infrastructure Engineering, Procurement, and Construction (EPC) company operating in segments such as Power Transmission & Distribution, Railways, Civil, Solar, and Cables. The SEBI (Depositories and Participants) Regulations, 2018, are designed to oversee depositories and participants, safeguarding securities and protecting investors. Registrar and Transfer Agents like MUFG Intime India play a key role in managing shareholder data, handling dematerialisation, and facilitating transfers.

Ongoing Compliance Maintained

Shareholder records and the processes for dematerialising securities continue to align with regulatory requirements. This routine certification reiterates the company's ongoing commitment to SEBI guidelines for its market operations and adds to its overall compliance profile.

Past and Current Risks

KEC International previously faced a nine-month ban from Power Grid Corporation tenders, effective November 18, 2025, following alleged contractual issues. This ban stemmed from earlier reports concerning a bribery case involving a Power Grid official and a KEC employee. Additionally, on April 10, 2026, KEC's wholly-owned subsidiary was issued a tax demand notice of ₹46.19 crore from the Income Tax Department for FY 2022-23.

Industry Standard Compliance

Adherence to SEBI (Depositories and Participants) Regulations, 2018, is a standard requirement for all listed Indian companies. KEC International, alongside peers in the infrastructure sector like Larsen & Toubro and Kalpataru Projects International, maintains these compliance procedures to ensure efficient shareholder services.