KEC International Receives GST Adjudication Order from Rajasthan Authority

KEC International Limited has disclosed receiving an adjudication order from the GST Authority in Rajasthan on December 30, 2025, as per its regulatory filing under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details and Financial Impact

The GST adjudication order relates to alleged disallowance of GST input tax credit for non-compliance by suppliers during the financial year 2018-19. The order encompasses both tax liability and penalty components as detailed below:

Component:	Amount (₹)
Tax Amount:	26,64,461
Penalty:	26,64,461
Total Demand:	53,28,922

The company received this communication from the GST Authority on December 30, 2025, and has formally disclosed the matter to stock exchanges on December 31, 2025.

Company's Response and Legal Strategy

KEC International has indicated it is currently reviewing the adjudication order in detail. The company plans to pursue appropriate legal remedies to contest the demand raised by the GST Authority. Management has expressed confidence regarding the financial implications of this development.

According to the disclosure, the company does not foresee any material financial impact on account of this order. This assessment suggests that KEC International believes it has strong grounds to challenge the GST Authority's findings through the available legal channels.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, along with the relevant SEBI Master Circular dated November 11, 2024. The filing was signed by Suraj Eksambekar, Company Secretary and Compliance Officer, ensuring proper regulatory compliance in communicating this development to stakeholders.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.74%	-1.41%	+2.63%	-19.64%	-39.57%	+94.90%

KEC International Limited has announced the superannuation of Mr. Kaushal Kodesia, Executive Director – Special Projects, effective December 31, 2025. The infrastructure company informed both the National Stock Exchange of India Limited and BSE Limited about this senior management change through a regulatory filing.

Senior Management Transition

Mr. Kaushal Kodesia will cease to be Senior Management Personnel of the company with effect from the close of business hours on December 31, 2025. The superannuation represents a planned retirement transition within the company's leadership structure.

Regulatory Compliance Details

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided the required disclosure details as mandated by SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Parameter	Details
Reason for Change	Superannuation of Executive Director – Special Projects
Effective Date	Close of business hours on December 31, 2025
Position	Executive Director – Special Projects
Status Change	Ceasing to be Senior Management Personnel

Corporate Communication

The formal intimation was signed by Suraj Eksambekar, Company Secretary and Compliance Officer, and communicated to both stock exchanges where KEC International shares are listed. The company requested the exchanges to take note of this change in their records.

This superannuation represents a routine senior management transition as part of the company's organizational changes, with KEC International ensuring full compliance with regulatory disclosure requirements.