KEI Industries has received approval for raising capital for an aggregate amount not exceeding Rs 1000 crore by issue of Equity Shares, in one or more tranches, through a Qualified Institutions Placement (QIP), preferential issue and / or any combination thereof or any other mode. The Board of Directors of the Company at its meeting held on November 12, 2019 has approved the same.
KEI Industries has three segments cable, stainless steel and turnkey projects. The company’s product offerings include thermacouple extension / compensating, rubber cables, elastomeric cables, single/ multicore flexible wires, submersible cables etc.
