KEC International guarantees $26.67m subsidiary loan

KEC International Limited informed stock exchanges on November 3, 2025, about issuing a corporate guarantee in favor of an overseas bank. This guarantee supports banking facilities extended to its subsidiary, Al Sharif Group & KEC Limited Company.

The corporate guarantee amounts to $26.67 million and was issued on November 3, 2025. This action aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated November 11, 2024.

KEC International clarified that the promoter, promoter group, or group companies have no interest in this transaction. The company also stated that this corporate guarantee is a contingent liability and currently has no direct impact on the listed entity.