The Board of Directors of KEI Industries has approved a ₹700 crore capacity expansion for its wires and cables manufacturing business at a new unit in Rajasthan. The decision, taken during the board meeting held on August 3, 2026, aims to address increased market demand by adding significant production capabilities at the company's upcoming facility in Salarpur, Khairthal-Tijara District. This expansion represents a major capital allocation toward backward integration and volume growth, financed entirely through internal accruals without external debt.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The new capacity will be located at Industrial Plot No. SP3-4, 5 & 6 in the Industrial Area, Salarpur. The company stated that this additional capacity is necessary to cater to the increased demand for its products.

Capacity Expansion Details

The proposed expansion focuses on two key product lines: cables and galvanized iron (GI) wires for backward integration. The new unit is expected to be operational by September 2028 in a phased manner. Below are the specifics of the proposed addition compared to existing capacities as of June 30, 2026:

Current Production Landscape

As of June 30, 2026, KEI Industries reported varying utilization rates across its product segments. Stainless steel (SS) wires showed the highest utilization at 91%, indicating strong demand relative to capacity. Cables followed with 72% utilization, while house wires/winding wires operated at 61%. Communication cables had the lowest utilization at 45%. The existing annual capacity includes 2,60,732 KMS of cables, 28,800 units of communication cables, 23,89,400 units of house/winding wires, and 9,000 MT of SS wires.

What the Numbers Show

The decision to fund the ₹700 crore expansion entirely through internal accruals signals strong cash generation capabilities within KEI Industries, allowing it to pursue aggressive growth without diluting equity or increasing leverage. The addition of 40,000 MT of GI wires specifically for backward integration suggests a strategic move to control raw material costs and supply chain dependencies for its wire products. With stainless steel wires already operating near full capacity at 91% utilization, the company appears to be diversifying its capacity additions into cables and integrated wire production to balance its portfolio and capture broader market opportunities. The phased operational timeline extending to September 2028 allows for careful execution and market absorption of the new output.

KEI Industries Limited has scheduled a series of analyst and institutional investor meetings across Singapore, Hong Kong, and Kuala Lumpur from August 11 to August 13, 2026. The engagement program aims to facilitate discussions with global market participants regarding the company’s business outlook and operational performance. These meetings are being conducted in compliance with the disclosure norms mandated by the Securities and Exchange Board of India (SEBI).

The schedule involves physical interactions organized by two financial institutions: Nuvama Wealth Management Limited and Jefferies India Private Limited. The engagements will take place over three days, covering both one-on-one consultations and group presentations. Rajeev Gupta, Executive Director (Finance) & CFO of KEI Industries, signed the intimation letter submitted to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Ltd. (NSE) on August 3, 2026.

Meeting Schedule Details

The specific timeline and location for each session are outlined below:

The company noted that the schedule is subject to change. Investors and analysts are expected to participate in these sessions to gain insights into KEI Industries’ strategic direction.

Compliance and Disclosure Standards

In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, KEI Industries emphasized that no unpublished price-sensitive information (UPSI) will be shared during these meetings. The company stated that all presentations made during the calls or meets will align strictly with the information already available on its website and the stock exchanges. This ensures equitable dissemination of information to all stakeholders.

The disclosure serves as an informational update for the listing exchanges and market members, highlighting the company’s active engagement with the investment community ahead of potential reporting periods or strategic announcements.