Key Corp Limited has announced the convening of its 40th Annual General Meeting (AGM) on Wednesday, July 15, 2026, at 10:00 a.m. at the company's registered office located at 16/16-A, Civil Lines, Kanpur. The meeting will transact ordinary business including adoption of audited financial statements for the year ended March 31, 2026, re-appointment of a director retiring by rotation, and appointment of statutory auditors along with fixing their remuneration.

AGM Agenda and Key Details

The AGM notice, dated May 4, 2026, and signed by Executive Director G.D. Maheshwari (DIN 00235209), outlines three items of ordinary business for shareholder consideration. The statutory auditors M/s. V.P. Aditya & Company, Chartered Accountants (Registration No. 000542C), are proposed to be re-appointed at a remuneration of Rs.55,000 (Rupees Fifty Five Thousand only). Dr. Mukul Agarwal (DIN 00234962), aged 59 years, retires by rotation and is eligible for re-appointment. He holds a Master's Degree in Commerce and a Ph.D. in Merchant Banking and Development in India, with 34 years of experience in finance services and industry.

Financial Performance for FY26

For the financial year ended March 31, 2026, Key Corp reported a significant reversal in financial performance compared to the previous year. The company recorded a net loss after tax of Rs.270.84 lakhs, against a net profit of Rs.431.84 lakhs in FY25. The deterioration was primarily attributable to a net loss on fair value changes of mutual fund investments amounting to Rs.232.76 lakhs, compared to a net gain of Rs.474.44 lakhs in the prior year.

The following table summarises the key financial results:

Loan Business and Operational Performance

During FY26, the company executed loan business to the tune of Rs.130.90 lakhs, compared to Rs.102.40 lakhs in the previous year. Key Corp is a registered NBFC engaged primarily in old vehicle financing and investment of surplus funds in mutual funds, with operations concentrated in the state of Uttar Pradesh. Total assets as at March 31, 2026 stood at Rs.6,571.00 lakhs, compared to Rs.6,875.97 lakhs in the previous year, with investments in mutual funds (quoted, long-term) valued at Rs.6,344.16 lakhs.

Key Financial Ratios

The Management Discussion and Analysis Report disclosed the following significant financial ratios:

Dividend, Compliance, and Governance

The Board of Directors has not recommended any dividend for FY26, citing the need to build up resources. The company's shares are listed on BSE Limited, Mumbai, and are tradeable only in demat form. As on March 31, 2026, 78.87% of the company's total shares, representing 47,32,493 shares, were held in dematerialised form.

On the compliance front, BSE Limited levied a fine totalling Rs.0.73 lakhs under Regulation 24(A), which the company deposited on June 27, 2025, and July 16, 2025. The Secretarial Audit Report for FY26, conducted by CS Ratna Tiwari (C.P. No. 19765), does not contain any qualification, reservation, or adverse remarks. The company's total workforce during the year comprised 13 employees, all male, and no sexual harassment complaints were received or pending during the year.

The Corporate Social Responsibility provisions under Section 135 of the Companies Act, 2013, are not applicable to the company for FY26, as the net profit for CSR purposes — after excluding the notional fair value loss of Rs.266.68 lakhs — remains below Rs.5.00 crore.

Key Corp Limited has filed its Secretarial Compliance Report for the financial year ended 31st March, 2026, in accordance with Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report was prepared by CS Ratna Tiwari, Practicing Company Secretary (M. No.: A51400, C.P. No.: 19765), dated 14th May, 2026, from Kanpur. The review was conducted based on examination of books, papers, minute books, forms, returns, filings with stock exchanges, and the company's website.

Scope of Review and Regulations Examined

The secretarial review covered compliance with a range of SEBI regulations and applicable statutory provisions for the financial year ended 31st March, 2026. The following regulations were specifically examined:

• Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 — applicable
• Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 — applicable
• Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 — applicable
• SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 — Not applicable during the period under review
• SEBI (Buyback of Securities) Regulations, 2018 — Not applicable during the period under review
• SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 — Not applicable during the period under review
• SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 — Not applicable during the period under review

Regulatory Deviations and Actions Taken

The report identifies three specific instances of non-compliance during the review period, all of which attracted fines from BSE under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The details are presented below:

For the delayed filing of related party transactions, the company had made a formal request for waiver of the imposed fine, which was duly considered and approved by BSE, resulting in the waiver of the said fine.

Overall Compliance Status

The Practicing Company Secretary assessed Key Corp Limited's compliance across multiple parameters. The following table summarises the compliance status reported:

Key Observations by the Practicing Company Secretary

The Practicing Company Secretary noted the following specific observations:

• Policy Updates: Certain policies of the company are currently under review and are required to be updated, wherever considered necessary, to ensure continued alignment with SEBI (LODR) Regulations, 2015 and the Companies Act, 2013.
• Website Compliance: The company's website is in the process of being updated to ensure complete alignment with prescribed requirements under SEBI (LODR) Regulations, 2015 and the Companies Act, 2013.
• Regulation 30 Disclosures: In certain instances, disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015 were not made in a timely and/or complete manner.

Assumptions and Limitations

The report is subject to the following assumptions and limitations as stated by the Practicing Company Secretary:

• Compliance with applicable laws and authenticity of documents furnished are the responsibilities of the management of the listed entity.
• The review is based on examination of relevant documents and information and is neither an audit nor an expression of opinion.
• The correctness and appropriateness of financial records and books of accounts have not been verified.
• The report is solely for the purpose of compliance under Regulation 24A(2) of SEBI (LODR) Regulations, 2015 and does not constitute an assurance as to the future viability of the listed entity or the efficacy with which management has conducted the affairs of the entity.