KEI Industries Limited has announced the conclusion of search and seizure operations conducted by the Income Tax Department at its registered office, several manufacturing plants, and the residences of its promoter and certain executives. These operations, which began on 7th May 2026, concluded late on 12th May 2026.
The company stated that it fully cooperated with the Income Tax Department officials during the proceedings, providing all requested clarifications and details. KEI Industries has committed to keeping the stock exchanges informed of any outcomes resulting from these operations, pending directions or orders from the Income Tax Department.
The company noted that the financial impact of the search and seizure operations is not quantifiable in monetary terms at this time. KEI Industries has assured stakeholders that it will continue to monitor the situation and provide updates as necessary.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).