KEI Industries Limited has incorporated a Joint Venture (JV) Company in South Africa namely "KEI Cables SA (Pty) Limited. KEI holds 490 shares (i.e., 49% of the total share capital) in the Joint Venture Company. The JV has been incorporated/registered in South Africa with Companies and Intellectual Property Commission Republic of South Africa (CIPC) and the said entity is yet to commence operations/business activities.