Pending litigation
As filed · KEC International Limited has informed the Exchange about pending litigation.
What happened
FactKEC International Ltd. has disclosed details of ongoing litigation in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The specifics of the litigation are provided in the attached 'Annexure A'. The company has requested that this information be recorded.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
WithdrawnWith these wins, our year-to-date order intake stands at ~Rs 21,300 Cr.
The addition of this order has further diversified our customer mix in the India T&D order book.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- Target: Reduce Greenhouse Gas (GHG) emissions intensity of manufacturing plants by 20% by FY26 (management committed by FY26)
- Target: 100% of key suppliers to be assessed under ESG criteria by FY23 (management committed by FY23)
Evidence
- KEC International Limited has informed the Exchange about pending litigation.(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · FY26
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%