Description

Listing of 1,421,054 equity shares issued on preferential basis by Knowledge Marine & Engineering Works Limited, 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 to non-promoters on a preferential basis. Trading in these shares will commence on December 12, 2025. The shares are subject to a lock-in period until June 28, 2026.

Key Points

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

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • All 1,421,054 shares are subject to mandatory lock-in restrictions
  • Shares cannot be transferred or sold until the lock-in period expires

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 issue listing with minimal market impact. The lock-in period of approximately 7.5 months ensures stability and prevents immediate dilution pressure. The issue represents capital raising activity by Knowledge Marine & Engineering Works Limited for business expansion or operational requirements. Trading members should note the lock-in restrictions when processing any transaction requests for these distinctive numbers.

Impact Justification

Routine preferential allotment listing with standard lock-in period; limited market impact given relatively small issue size