Knowledge Marine & Engineering Works Ltd
Knowledge Marine & Engineering Works Ltd. Approves Preferential Issue of Equity Shares
DIVIDEND
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 26 Jun 2026, 06:14 PM IST · BSE ID: 39f4171a-38c0-4586-a220-1bbbb7577a74
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board approved selling new shares to raise over ₹149 Crore from select investors.
🤖 AI Summary
- Board approves preferential issue of 7,64,317 equity shares for ₹149,99,95,042.01.
- Shares issued at ₹1,962.53 each, including a premium of ₹1957.53.
- Issuance targets non-promoter category investors.
- Proceeds to fund company objectives as per SEBI ICDR Regulations.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Equity Shares to be Issued
7,64,317 Equity Shares
Face Value per Equity Share
₹ 5/-
Issue Price per Equity Share
₹ 1,962.53
Premium per Equity Share
₹1957.53
Aggregate Amount of Preferential Issue
₹ 149,99,95,042.01/-
🏢 How This Affects the Company
The preferential issue will increase the company's capital base, potentially enabling new projects or expansions not detailed in this filing.
The company will receive approximately ₹149,99,95,042.01 in cash, enhancing its liquidity and strengthening its balance sheet.
An increase in equity share count dilutes existing shareholding percentages for current shareholders.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders.
👤
Who Is Affected
All existing shareholders will experience a dilution in their percentage of ownership due to the issuance of new equity shares.
🔍
Management Signal
This decision signals management's intent to raise capital for company growth and operational needs through equity dilution.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Details on specific allottees in Annexure I.
Utilization of funds raised from preferential issue.
Subsequent quarterly financial results for fund impact.
MEDIUM RISK
Dilution risk for existing shareholders and reliance on capital for future growth.
💡 Investor Takeaway
Knowledge Marine & Engineering Works Ltd. is raising ₹149,99,95,042.01 through preferential issue of 7,64,317 equity shares at ₹1,962.53 per share to non-promoters.
⚖️ Strengths & Concerns
✅ Positives
- Successful capital raise of ₹149,99,95,042.01 via preferential allotment.
⚠️ Concerns
- Potential dilution of existing shareholder equity due to new share issuance.
❓ Frequently Asked Questions
What did Knowledge Marine & Engineering Works Ltd. Board of Directors approve on June 26, 2026?
The Board approved the issuance of up to 7,64,317 equity shares on a preferential basis for an aggregate amount of ₹149,99,95,042.01.
What is the issue price for the preferential allotment by Knowledge Marine & Engineering Works Ltd.?
The equity shares are to be issued at ₹1,962.53 per share, including a premium of ₹1957.53 per share.
Who are the intended allottees for the preferential issue?
The preferential issue is intended for persons belonging to the non-promoter category as mentioned in Annexure I.
What is the total value of the preferential issue?
The total value of the preferential issue is ₹149,99,95,042.01/- (Rupees One Hundred Forty Nine Crores Ninety Nine Lakhs Ninety Five Thousand Forty-Two and Paise One only).
Questions based on this BSE filing only. For information purposes.