Knowledge Marine Inks Strategic Deals Worth ₹1,560 Crores at India Maritime Week 2025

1 min read     Updated on 03 Nov 2025, 10:47 AM
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Jubin VergheseScanX News Team
Overview

Knowledge Marine & Engineering Works Limited (KMEW) has signed strategic agreements worth ₹1,560 crores during India Maritime Week 2025. The company partnered with Mumbai Port Authority and V.O. Chidambaranar Port Authority to provide tug and patrol solutions. These agreements signify KMEW's expansion in the maritime sector and its potential for increased revenue streams.

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*this image is generated using AI for illustrative purposes only.

Knowledge Marine & Engineering Works Limited (KMEW) has made significant strides in the maritime industry by signing multiple strategic agreements valued at ₹1,560 crores during the India Maritime Week 2025. This development marks a substantial expansion of the company's operations and partnerships in the maritime sector.

Key Partnerships

KMEW has forged crucial alliances with two major port authorities:

  1. Mumbai Port Authority
  2. V.O. Chidambaranar Port Authority

These partnerships are aimed at providing tug and patrol solutions, which are essential for efficient and safe port operations.

Agreement Details

Aspect Details
Total Value ₹1,560.00 crores
Event India Maritime Week 2025
Services Tug and patrol solutions
Partners Mumbai Port Authority, V.O. Chidambaranar Port Authority

Implications for KMEW

These strategic agreements represent a significant milestone for Knowledge Marine & Engineering Works Limited. By securing contracts with major port authorities, the company is poised to:

  • Strengthen its position in the maritime services sector
  • Expand its operational footprint across key Indian ports
  • Potentially increase its revenue streams

Industry Impact

The substantial value of these agreements, totaling ₹1,560.00 crores, underscores the growing importance of specialized maritime services in India's port infrastructure. It also highlights the government's focus on enhancing port efficiency and safety through partnerships with experienced private sector players like KMEW.

As India continues to develop its maritime capabilities, companies that can provide crucial services such as tug and patrol solutions are likely to play an increasingly important role in the nation's maritime strategy and economic growth.

While these agreements mark a positive development for Knowledge Marine & Engineering Works Limited, investors and industry observers will be keen to see how effectively the company implements these contracts and the impact on its financial performance.

Historical Stock Returns for Knowledge Marine & Engineering Works

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+11.69%+13.55%+14.93%+89.80%+27.93%+27.93%
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Knowledge Marine Allots Shares Worth Rs 270 Crores to Ashish Kacholia and Others in Preferential Issue

1 min read     Updated on 30 Oct 2025, 12:31 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Knowledge Marine & Engineering Works Limited (KMEW) has completed a preferential allotment of 14,21,054 equity shares at ₹1,900 per share, raising ₹270 crores. Notable investor Ashish Kacholia participated, acquiring 52,632 shares. The company also allotted 77,946 convertible warrants to promoters at the same price. This move increases KMEW's paid-up equity share capital from ₹10.80 crores to ₹12.22 crores.

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*this image is generated using AI for illustrative purposes only.

Knowledge Marine & Engineering Works Limited (KMEW) has announced a preferential allotment of equity shares and warrants, including an investment by renowned investor Ashish Kacholia. This move marks a capital infusion for the ship building and marine services company.

Key Highlights of the Allotment

  • Total Equity Shares Allotted: 14,21,054
  • Issue Price: Rs. 1,900.00 per share
  • Total Capital Raised: Rs. 270.00 crores
  • Premium: Rs. 1,890.00 per share

Breakdown of Allotment

Allottee Category Shares Allotted
Infinity Direct Holdings Non-Promoter 4,64,210
Infinity Direct Capital Non-Promoter 5,46,316
Infinity Partners II - Direct Non-Promoter 2,52,632
Ashish Kacholia Non-Promoter 52,632
Vimana Capital Management LLP Non-Promoter 52,632
Suryashakti Management Services Private Limited Non-Promoter 52,632

Additional Warrant Allotment

KMEW has also allotted 77,946 convertible warrants to promoter category investors at Rs. 1,900.00 each, potentially bringing in an additional Rs. 14.81 crores. These warrants require a 25% upfront payment, with the remaining 75% payable upon conversion to equity shares.

Impact on Share Capital

Following this allotment, KMEW's paid-up equity share capital has increased from Rs. 10.80 crores to Rs. 12.22 crores, representing an expansion of the company's equity base.

Investor Participation

The participation of Ashish Kacholia, a well-known investor in the Indian stock market, along with other institutional investors, may increase market interest in the company.

Regulatory Compliance

The company has stated that the allotted shares will rank equally with existing shares. The allotment was approved by the Board of Directors and received prior approvals from shareholders and stock exchanges. KMEW is expected to apply for listing and trading approvals for these newly allotted shares on both BSE and NSE, where the company is currently listed.

This preferential allotment provides Knowledge Marine & Engineering Works Limited with additional capital for its operations and growth initiatives in the marine and engineering sectors.

Historical Stock Returns for Knowledge Marine & Engineering Works

1 Day5 Days1 Month6 Months1 Year5 Years
+11.69%+13.55%+14.93%+89.80%+27.93%+27.93%
Knowledge Marine & Engineering Works
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