Knowledge Marine & Engineering Works disclosed that designated persons purchased 208 equity shares through open market transactions. The acquisitions, executed on June 03, 2026, were intimated to the exchanges on June 04, 2026. The total transaction value for these purchases amounted to approximately ₹3.74 lakh.

The purchases were made in compliance with Regulation 7(2) read with Regulation 6 of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The company submitted the necessary disclosures to BSE Limited and The National Stock Exchange of India Limited.

Details of Share Purchases

The following table outlines the specific acquisitions made by the designated persons:

Sujay Kewalramani acquired 108 equity shares, raising his total holding to 20,108 shares (0.0823%). Dinesh Kewalramani purchased 100 shares, increasing his stake to 8,17,800 shares (3.346%).

The disclosures confirmed that no trading in derivatives was undertaken by these individuals. The intimation was signed by Avdhoot Kotwal, Company Secretary & Compliance Officer, on behalf of Knowledge Marine & Engineering Works Limited.

Knowledge Marine & Engineering Works has initiated a postal ballot process to seek shareholder approval for related party transactions (RPTs) with its subsidiary, Knowledge Shipyard Private Limited, worth an aggregate value of ₹800 crore for FY 26-27. The transactions involve the construction and supply of vessels, including GTTP compliant green tugs, and providing guarantees, loans, or investments to the subsidiary. The company is also seeking approval to increase the limits for investments, loans, and guarantees under Section 186 of the Companies Act, 2013, from ₹75 crore to ₹500 crore.

The proposed RPTs with Knowledge Shipyard Private Limited include repairs of existing vessels and support in the construction of port ancillary crafts valued at ₹500 crore, alongside providing guarantees, security, loans, or investments worth ₹300 crore. These transactions are intended to be executed at arm’s length and in the ordinary course of business. The Board of Directors and Audit Committee have approved these proposals, which are now subject to shareholder ratification via special resolution.

Shareholders as on the cut-off date of May 29, 2026, are eligible to vote on these resolutions. The company has engaged MUFG Intime India Private Limited to facilitate the remote e-voting process. The voting period commences at 9.00 a.m. IST on Wednesday, June 03, 2026, and concludes at 5.00 p.m. IST on Thursday, July 02, 2026. The results of the postal ballot will be announced on or before Monday, July 06, 2026.

Key Agenda Items

The postal ballot notice outlines three special resolutions for shareholder consideration. The first item seeks approval and ratification for material RPTs entered into during FY 25-26, amounting to ₹35 crore. The second item requests omnibus approval for future RPTs with the subsidiary up to ₹800 crore for FY 26-27. The third item proposes an increase in the limits for investments, loans, and guarantees to ₹500 crore.

Transaction Details

The explanatory statement notes that the subsidiary, Knowledge Shipyard Private Limited, reported a turnover of ₹28.47 crore and a profit after tax of ₹2.34 crore in FY 2025-26. The company states that the transactions are designed to harness group synergies and enhance operational efficiency without compromising independence.