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.

Key Corp Limited has announced its audited financial results for the quarter and year ended March 31, 2026, reporting a significant deterioration in performance with a net loss of ₹270.84 lakh compared to a net profit of ₹431.84 lakh in the previous fiscal year. The board of directors approved the results at their meeting held on May 4, 2026, between 11:00 AM and 12:00 NOON, and has scheduled the Annual General Meeting for July 15, 2026, at 10:00 AM. The results were filed with the stock exchange under Regulation 33 and Regulation 52 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015, as amended.

Financial Performance Overview

The company's total income from operations declined sharply to ₹37.57 lakh in FY26 from ₹512.00 lakh in FY25. This substantial decrease was primarily driven by the absence of net gains on fair value changes, which had contributed ₹474.44 lakh to revenue in the previous year. In the current year, the company recorded a net loss on fair value changes of ₹232.76 lakh. Interest income decreased to ₹31.35 lakh from ₹32.38 lakh, while dividend income increased to ₹3.51 lakh from ₹2.44 lakh. Management fees rose to ₹2.62 lakh from ₹1.98 lakh.

Quarterly and Annual Financial Results

The following table presents the extract of audited financial results for the quarter and year ended March 31, 2026, as filed with the stock exchange:

Expense Structure and Profitability

Total expenses for FY26 increased to ₹308.45 lakh from ₹81.10 lakh in the previous year. The significant increase was primarily due to the net loss on fair value changes of ₹232.76 lakh recorded during the year. Employee benefit expenses decreased to ₹39.83 lakh from ₹40.92 lakh, while other expenses declined to ₹29.81 lakh from ₹33.42 lakh. Depreciation, amortization, and impairment expenses stood at ₹4.78 lakh compared to ₹5.56 lakh in FY25.

Key Annual Financial Metrics

The table below summarises the key annual financial metrics for FY26 and FY25:

Balance Sheet Position

As of March 31, 2026, the company's total assets stood at ₹6,571.00 lakh, down from ₹6,825.92 lakh in the previous year. Investments constituted the largest component of financial assets at ₹6,344.16 lakh, decreasing from ₹6,610.84 lakh. Cash and cash equivalents declined to ₹23.19 lakh from ₹33.41 lakh. Total equity decreased to ₹6,537.36 lakh from ₹6,789.56 lakh, while total liabilities reduced to ₹33.64 lakh from ₹36.36 lakh.

Corporate Actions and Compliance

The board has fixed July 15, 2026, as the date for the Annual General Meeting. The register of members and share transfer books will remain closed from July 9, 2026, to July 15, 2026, both days inclusive. The results were reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on May 4, 2026, as per Regulation 30 of the SEBI (LODR) Regulations, 2015. The company's statutory auditors, V.P. Aditya & Co., Chartered Accountants, have issued an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. The full format of the financial results is available on the BSE India website.