BSECompany Update3 Aug 2026 · 3 Aug 2026, 09:44 pm
Pursuant to the Regulation 32(6) of the SEBI LODR Regulations, 2015 read with Regulation 173A of SEBI ICDR Regulations, 2018, enclosed herewith is the Monitoring Agency Report for the quarter ....
KEI Industries Ltd · 517569
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KEI Industries Ltd has submitted a Monitoring Agency Report for the quarter ended June 30, 2026, as required by SEBI regulations, detailing the utilization of the proceeds raised through a Qualified Institutions Placement (QIP) of Rs. 2,000.00 crore.
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KEI Industries Ltd - 517569 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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KEI Industries Limited
Registered and Corporate Office: D-90, Okhla Industrial Area, Phase-1, New Delhi- 110020 CIN: L74899DL1992PLC051527
Tel.: +91-11-26818840/8642/0242, Email: info@kei-ind.com Website: www.kei-ind.com
Date: 03.08.2026
The Manager, The Manager,
Listing Operation, Listing Division,
BSE Limited, The National Stock Exchange of India Ltd.,
25th Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block,
Dalal Street, Fort, Mumbai- 400 001. Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
Scrip Code: 517569 NSE Symbol: KEI
Sub: Monitoring Agency Report for the quarter ended June 30, 2026
Dear Sir / Madam,
Pursuant to the Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with Regulation 173A of the Securities and Exchange Board of India (Issue
of Capital and Disclosure Requirements) Regulations, 2018, enclosed herewith is the Monitoring Agency Report for
the quarter ended June 30, 2026 issued by CARE Ratings Limited, Monitoring Agency for the utilisation of the
proceeds raised through Qualified Institutions Placement. The Monitoring Agency Report has been duly reviewed
and taken on record by the Audit Committee & the Board of Directors of the Company in their meeting held on
August 03, 2026.
The aforesaid information is also being made available on the website of the Company at https://www.kei-ind.com/
This is for your information and record.
Thanking You
Yours truly,
For KEI INDUSTRIES LIMITED
(KISHORE KUNAL)
Sr.VP (CORPORATE FINANCE) & COMPANY SECRETARY
FCS No.: 9429
CARE/NRO/GEN/2026-27/1083
The Board of Directors
KEI industries Limited
D-90, Okhla Industrial Area Phase-I,
New Delhi-110020, India
August 3, 2026
Dear Sir/Mam,
Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the QIP of KEI
Industries Limited (“the Company”)
We write in our capacity of Monitoring Agency for the Qualified institutional placement for the amount
aggregating to Rs. 2,000.00 crore of the Company and refer to our duties cast under 173A of the Securities &
Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations.
In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026 as per
aforesaid SEBI Regulations and Monitoring Agency Agreement dated November 25th, 2024.
Request you to kindly take the same on records.
Thanking you,
Yours faithfully,
Sahil Goyal
Associate Director
Sahil.Goyal@careedge.in
CARE Ratings Limited
9th floor, C-001/A2, Berger Towers, Sector 16B, Noida, 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off
Gautam Budh Nagar, Uttar Pradesh -201301 Eastern Express Highway, Sion (East), Mumbai - 400 022
Phone: +91-120-4452000 Phone: +91-22-6754 3456
Email: care@careedge.in • www.careedge.in
CIN-L67190MH1993PLC071691
Report of the Monitoring Agency
Name of the issuer: KEI Industries Limited
For quarter ended: June 30, 2026
Name of the Monitoring Agency: CARE Ratings Limited
(a) Deviation from the objects: Nil
(b) Range of Deviation: Nil
Declaration:
We declare that this report provides an objective view of the utilization of the issue proceeds in relation
to the objects of the issue based on the information provided by the Issuer and information obtained
from sources believed by it to be accurate and reliable. The MA does not perform an audit and
undertakes no independent verification of any information/ certifications/ statements it receives. This
Report is not intended to create any legally binding obligations on the MA which accepts no
responsibility, whatsoever, for loss or damage from the use of the said information. The views and
opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in
any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as
creating a fiduciary relationship between the MA and any issuer or between the agency and any user
of this report. The MA and its affiliates also do not act as an ‘expert’ as defined under Section 2(38) of
the Companies Act, 2013.
The MA or its affiliates may have credit rating or other commercial transactions with the entity to which
the report pertains and may receive separate compensation for its ratings and certain credit related
analyses. We confirm that there is no conflict of interest in such relationship/interest while monitoring
and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or
other commercial transactions with the entity.
We have submitted the report herewith in line with the format prescribed by SEBI, capturing our
comments, where applicable. There are certain sections of the report under the title “Comments of the
Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board
of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the
report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes
no responsibility for such comments of the issuer’s Management/Board.
Signature:
Name and designation of the Authorized Signatory: Sahil Goyal
Designation of Authorized person/Signing Authority: Associate Director
CARE Ratings Limited
9th floor, C-001/A2, Berger Towers, Sector 16B, Noida, 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off
Gautam Budh Nagar, Uttar Pradesh -201301 Eastern Express Highway, Sion (East), Mumbai - 400 022
Phone: +91-120-4452000 Phone: +91-22-6754 3456
Email: care@careedge.in • www.careedge.in
CIN-L67190MH1993PLC071691
1) Issuer Details:
Name of the issuer : KEI Industries Limited
Name of the promoters : Mr. Anil Gupta & Mrs. Archana Gupta
Industry/sector to which it belongs : Wires & Cables
2) Issue Details
Issue Period : 25th November 2024 to 28th November 2024, Date of allotment: 28th November 2024
Type of issue : Qualified Institutional Placement
Type of specified securities : Equity shares
IPO Grading, if any : Not applicable
Issue size (in `crore) : Rs. 2,000.00 crore
3) Details of the arrangement made to ensure the monitoring of issue proceeds:
Comments
Source of information / certifications
Comments of the of the
Particulars Reply considered by Monitoring Agency for
Monitoring Agency Board of
preparation of report
Directors
Whether all utilization is as per the disclosures in the Offer CA certificate*, Bank statements, Placement No
Yes Refer Note 1
Document? document Comments
Whether shareholder approval has been obtained in case No
of material deviations# from expenditures disclosed in the Not applicable Not applicable Not applicable Comments
Offer Document?
Whether the means of finance for the disclosed objects of No
No Management undertaking Nil
the issue have changed? Comments
Is there any major deviation observed over the earlier CA certificate*, Bank statements, Placement No deviation from earlier No
monitoring agency reports? document monitoring agency reports Comments
Whether all Government/statutory approvals related to the No
Yes Management undertaking Nil
object(s) have been obtained? Comments
Whether all arrangements pertaining to technical No
Not applicable Management undertaking Nil
assistance/collaboration are in operation? Comments
Are there any favorable/unfavorable events affecting the No
No Management undertaking Refer Note 1
viability of these object(s)? Comments
Is there any other relevant information that may materially No Management undertaking Nil No
CARE Ratings Limited
9th floor, C-001/A2, Berger Towers, Sector 16B, Noida, 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai -
Gautam Budh Nagar, Uttar Pradesh -201301 400 022
Phone: +91-120-4452000 Phone: +91-22-6754 3456
Email: care@careedge.in • www.careedge.in
CIN-L67190MH1993PLC071691
Comments
Source of information / certifications
Comments of the of the
Particulars Reply considered b
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