Shares of infrastructure engineering and construction firm KEC International Ltd fell nearly 9% on Wednesday after the company disclosed that Power Grid Corporation of India Ltd (PGCIL) has barred it from participating in fresh tenders for the next nine months. The action, effective from 18 November 2025, prohibits KEC from bidding for or being awarded new PGCIL contracts until August 2026. KEC International ended Wednesday 9.08% down at ₹710.20 on the BSE, while the 30-share benchmark Sensex closed marginally up at 85,186.47 points. In a regulatory filing, KEC states that it received a letter from PGCIL informing the company of the exclusion, which it claims was imposed for allegedly violating contractual provisions related to an earlier matter disclosed to the stock exchanges in Ma

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