KEC International Limited, a global infrastructure Engineering, Procurement and Construction (EPC) major, has taken a significant step to support its overseas operations. The company has issued a corporate guarantee worth SAR 123.75 million (Saudi Arabian Riyal) for its subsidiary, Al Sharif Group & KEC Limited Company, on August 09, 2025.

Guarantee Details

The corporate guarantee was provided to an overseas bank that has extended banking facilities to Al Sharif Group & KEC Limited Company. This move is aimed at supporting the subsidiary's operations and financial requirements in Saudi Arabia.

Financial Implications

KEC International has clarified that the guarantee represents a contingent liability for the company. As of now, there is no immediate impact on KEC International's financials. The company stated in its regulatory filing, "The Corporate Guarantee provided is a contingent liability for the Company. Presently, there is no impact of this guarantee on the Company."

Stakeholder Interests

It's worth noting that the promoter and group companies of KEC International have no interest in this transaction, ensuring transparency and avoiding any potential conflicts of interest.

Corporate Governance

The issuance of this corporate guarantee was disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure demonstrates KEC International's commitment to maintaining good corporate governance practices and keeping its shareholders informed about significant financial decisions.

About KEC International Limited

KEC International Limited is a global infrastructure Engineering, Procurement and Construction (EPC) major. The company has a presence in the verticals of Power Transmission and Distribution, Railways, Civil, Solar, Smart Infrastructure, Oil & Gas Pipelines, and Cables. With this latest move, KEC International continues to support its international subsidiaries, potentially strengthening its global presence in the infrastructure sector.

The issuance of this corporate guarantee underscores KEC International's strategy to back its overseas operations, particularly in the Middle East region, which could be crucial for the company's growth and expansion plans.

KEC International , a global infrastructure EPC major and part of the RPG Group, has announced securing new orders worth ₹1,509 crore across multiple business segments, leading to a positive market response. The company's shares gained following the announcement, reflecting investor confidence in its growth trajectory.

Order Details

The new orders span across several key business areas:

Transmission & Distribution (T&D)

• 400 kV Quad Transmission lines in India
• 500/400/220 kV Overhead Transmission lines in international markets
• Supply of towers, hardware, and poles in the Americas and the Middle East

Transportation

• Secured an order in a joint venture for the Train Collision Avoidance System (TCAS) under the Kavach project in India

Cables & Conductors

• Supply contracts for various types of cables and conductors in both domestic and overseas markets

Financial Performance

KEC International's recent quarterly results have shown robust growth:

Net profit increased to ₹125.00 crore, while consolidated revenue grew to ₹5,023.00 crore.

Market Response

The market responded positively to the news:

• Shares traded 0.70% higher following the announcement
• However, the stock has experienced a decline of nearly 28.00% year-to-date

Year-to-Date Order Intake

With these new orders, KEC International's year-to-date order intake has surpassed ₹7,000.00 crore, indicating strong business momentum.

Management Commentary

Vimal Kejriwal, MD & CEO of KEC International, expressed enthusiasm about the order wins, stating:

"We are delighted by the order wins secured across our businesses. These include a significant international order that expands our global T&D footprint. We are also enthused by the repeat order from a private developer which bolsters our presence in the domestic T&D market."

Kejriwal also highlighted the company's strengthened position in the transportation sector, particularly in the TCAS segment, which aims to enhance the safety of Indian Railways through world-class technology.

Company Profile

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major with a presence in over 110 countries. The company operates across various verticals including Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables & Conductors.

As the flagship company of the RPG Group, KEC International continues to demonstrate its capabilities in securing diverse projects and expanding its global footprint in the infrastructure sector.