KEI Industries Limited has been assigned a ‘CG 2+’ corporate governance rating by CARE Analytics and Advisory Pvt Ltd (Care Edge Advisory). This rating reflects the company’s strong adherence to corporate governance practices, providing stakeholders with a high level of comfort regarding the degree of governance.
The ‘CG 2+’ rating is part of a six-point scale used by CARE, where ‘CG 1’ represents the highest level of corporate governance and ‘CG 6’ the lowest. This grading is valid for a term period of one year from the date of issuance.
KEI Industries operates six state-of-the-art manufacturing facilities across India, including locations in Rajasthan, Dadra & Nagar Haveli, and Daman & Diu, with an additional plant in Ahmedabad that commenced commercial production in December 2025. The company also boasts a pan-India distribution network and an international presence in over 60 countries.
The corporate governance grading assessment by CARE Analytics involved a comprehensive review of KEI Industries‘ board composition and functioning, organisational structure, shareholder relationships, disclosure and transparency, financial prudence, and statutory compliance.
The board of KEI Industries comprises eight directors, including three executive and five non-executive directors, with four independent directors ensuring a balanced oversight. The board includes two women directors and is led by Executive Chairperson and Managing Director Mr. Anil Gupta, with Mr. Sadhu Ram Bansal serving as the Lead Independent Director.
During the financial year 2024-25, the board met four times, adhering to the statutory requirements and ensuring regular intervals for strategic guidance and performance review.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).