Description

Knowledge Marine & Engineering Works Limited lists 1,421,054 equity shares issued at Rs. 1,900 per share on preferential basis to non-promoters, effective December 12, 2025.

Summary

BSE has approved the listing of 1,421,054 new equity shares of Knowledge Marine & Engineering Works Limited (Scrip Code: 543273) issued on a preferential basis to non-promoters. The shares will commence trading on December 12, 2025, and are subject to a lock-in period until June 28, 2026.

Key Points

  • 1,421,054 equity shares of Rs. 10 face value issued at a premium of Rs. 1,890
  • Issue price: Rs. 1,900 per share
  • Allotment date: October 30, 2025
  • Trading commencement: December 12, 2025
  • Shares issued to non-promoters on preferential basis
  • New shares rank pari-passu with existing equity shares
  • ISIN: INE0CJD01011
  • Distinctive Numbers: 10801001 to 12222054

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the new securities for trading from December 12, 2025
  • Lock-in restrictions apply to all 1,421,054 shares until June 28, 2026
  • Shares cannot be transferred or sold before the lock-in expiry date

Important Dates

  • Allotment Date: October 30, 2025
  • Trading Commencement: December 12, 2025
  • Lock-in Expiry: June 28, 2026

Impact Assessment

This is a routine preferential allotment listing with minimal market impact. The locked-in shares represent additional capital raised by Knowledge Marine & Engineering Works Limited and will not be available for trading until mid-2026. The listing increases the company’s equity base and provides additional liquidity post lock-in expiry.

Impact Justification

Routine preferential allotment listing with standard lock-in provisions; limited market-wide impact