KEC International shareholders approved a final dividend of ₹5.50 per equity share for FY26 and reappointed Managing Director Vimal Kejriwal at its 21st Annual General Meeting held on August 21, 2026. The meeting, conducted via video conferencing, saw all five resolutions passed with requisite majorities.

The dividend resolution received overwhelming support, with 99.99% of votes polled in favor. Public institutional investors cast nearly 90% of their eligible votes, while promoter group participation stood at 100%. The payout reflects the company’s financial position for the fiscal year ended March 31, 2026.

Governance and Board Changes

Shareholders also voted to reappoint Mr. Vimal Kejriwal as a director liable to retire by rotation. This ordinary resolution secured 99.89% affirmative votes. While promoter and public institutional blocks voted unanimously in favor, public non-institutional shareholders showed slightly higher dissent, with 6.67% voting against the reappointment.

Additionally, the board sought approval for the payment of commission to Non-Executive Chairman Mr. Harsh V. Goenka through a special resolution. This measure passed with 90.43% support. Notably, while promoters and most public non-institutional investors backed the move, public institutions registered significant dissent, with 26.77% voting against the commission approval.

Voting Participation

The company reported high engagement from its promoter and institutional shareholder base. As of the cut-off date on August 14, 2026, there were 2,50,198 shareholders. Of the total 26.62 crore equity shares outstanding:

Remote e-voting was conducted between August 18 and August 20, 2026, via the National Securities Depository Limited platform. M/s Parikh Parekh & Associates served as the scrutinizer for the e-voting process.

What the Numbers Show

The divergence in voting behavior on the Chairman’s commission resolution is notable. While the dividend and director reappointment faced minimal resistance across all categories, the special resolution for Mr. Goenka’s commission saw 26.77% opposition from public institutions. This suggests that while operational governance changes were broadly accepted, specific executive compensation structures triggered distinct scrutiny among institutional investors, even though the resolution ultimately passed comfortably.

KEC International has made the transcript of its earnings conference call available for public access. The call, held on August 11, 2026, covered the company’s unaudited financial results for the first quarter of fiscal year 2027 (Q1FY27), which ended on June 30, 2026. This release provides stakeholders with a detailed written record of management’s commentary and responses to analyst queries during the session.

The transcript is now accessible on the company’s official website at https://www.kecrpg.com/earning-call-transcripts . This update follows two prior communications: the initial dispatch of the financial results letter dated August 3, 2026, and the subsequent announcement regarding the availability of the audio recording dated August 11, 2026. The sequential release ensures comprehensive transparency and compliance with regulatory disclosure norms.

Call Details

Regulatory Compliance

The communication was issued by Suraj Eksambekar, Company Secretary and Compliance Officer of KEC International Limited. Dated August 14, 2026, the notice serves as a formal record for investors and regulators, confirming that the transcript is available for public access. The disclosure aligns with regulatory requirements for the National Stock Exchange of India Limited and BSE Limited, ensuring that all material information from the earnings call is preserved in written form for stakeholder reference. No specific financial figures were disclosed in this particular announcement, as it pertains solely to the availability of the transcript rather than the numerical results themselves.