KEC International Receives GST Adjudication Order Worth Rs. 27.83 Lakh from Gujarat Authority

1 min read     Updated on 25 Mar 2026, 10:57 PM
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AI Summary

KEC International Limited disclosed receiving a GST adjudication order from Gujarat Authority on March 24, 2026, involving alleged input tax credit disallowance of Rs. 13,91,638/- plus equal penalty for FY 2019-20. The company plans to contest the total demand of Rs. 27,83,276/- through legal remedy and expects no material financial impact. The disclosure was made under SEBI Regulation 30 compliance requirements.

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KEC International Limited has informed stock exchanges about receiving an adjudication order from the GST Authority, Gujarat, as part of its regulatory disclosure obligations under SEBI guidelines.

Order Details and Timeline

The company received the GST adjudication order on March 24, 2026, and promptly disclosed the information to the National Stock Exchange of India Limited and BSE Limited on March 25, 2026. This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Impact Assessment

The adjudication order involves alleged disallowance of GST input tax credit for non-compliance by suppliers during the financial year 2019-20. The financial implications of the order are detailed in the following breakdown:

Component: Amount (Rs.)
Tax Amount: 13,91,638/-
Penalty: 13,91,638/-
Total Demand: 27,83,276/-

Company's Response Strategy

KEC International has indicated that it is currently reviewing the order in detail to understand the full scope of the allegations. The company has announced its intention to seek appropriate legal remedy to contest the demand raised by the GST Authority.

The management has expressed confidence regarding the financial impact, stating that the company does not foresee any material financial impact on account of this order. This assessment suggests that the company believes it has strong grounds to challenge the adjudication order through proper legal channels.

Regulatory Compliance

The disclosure was made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Company Secretary and Compliance Officer Suraj Eksambekar signed the disclosure document, ensuring compliance with regulatory requirements for transparency in material developments affecting the company.

Historical Stock Returns for KEC International

1 Day5 Days1 Month6 Months1 Year5 Years
-2.94%-5.02%-9.77%-38.58%-31.66%+30.15%

How might this GST adjudication order affect KEC International's future supplier selection and compliance monitoring processes?

What potential impact could similar GST scrutiny have on other infrastructure companies with complex supply chains?

Will KEC International need to set aside provisions for contingent liabilities while the legal challenge is pending?

KEC International Receives ESG Rating of 72.2 for FY2025

1 min read     Updated on 20 Mar 2026, 02:35 PM
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AI Summary

KEC International Limited disclosed an ESG rating of 72.2 for FY2025, assigned by SES ESG Research Private Limited on March 20, 2026. The disclosure was made under Regulation 30 of SEBI regulations and communicated to both NSE and BSE. The announcement demonstrates the company's commitment to ESG transparency and regulatory compliance in corporate governance practices.

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KEC International Limited has announced its ESG (Environmental, Social, and Governance) rating of 72.2 for FY2025, as assigned by SES ESG Research Private Limited. The disclosure was made on March 20, 2026, in accordance with regulatory requirements under SEBI guidelines.

Regulatory Compliance and Disclosure

The ESG rating disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, highlighting the regulatory framework governing such disclosures.

Parameter: Details
ESG Rating: 72.2
Rating Period: FY2025
Rating Agency: SES ESG Research Private Limited
Disclosure Date: March 20, 2026

Stock Exchange Communication

KEC International formally communicated this ESG rating to both major Indian stock exchanges. The company submitted the disclosure to the National Stock Exchange of India Limited at Exchange Plaza, Bandra Kurla Complex, and BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street.

Corporate Governance Framework

The disclosure was signed by Suraj Eksambekar, Company Secretary & Compliance Officer of KEC International Limited, demonstrating the company's commitment to proper corporate governance procedures. The digital signature was applied on March 20, 2026, at 14:25:09 +05'30', ensuring authenticity and compliance with digital documentation standards.

ESG Transparency Initiative

This ESG rating disclosure reflects KEC International's commitment to transparency in environmental, social, and governance practices. The formal communication to stock exchanges ensures that investors and stakeholders have access to the company's ESG performance metrics for informed decision-making.

Historical Stock Returns for KEC International

1 Day5 Days1 Month6 Months1 Year5 Years
-2.94%-5.02%-9.77%-38.58%-31.66%+30.15%

How will KEC International's ESG rating of 72.2 impact its ability to attract ESG-focused institutional investors and green financing opportunities?

What specific ESG initiatives is KEC International likely to implement to improve its rating in FY2026 and beyond?

Will the new SEBI ESG disclosure regulations create competitive advantages for companies with higher ESG ratings in the infrastructure sector?

More News on KEC International

1 Year Returns:-31.66%