Knowledge Marine Allots ₹150 Cr Equity Shares at ₹1,962.53 Each

Knowledge Marine & Engineering Works Ltd announced the allotment of 7,64,317 equity shares at an issue price of ₹1,962.53 per share, aggregating to ₹1,49,99,95,042.01. This allotment was approved by the Board of Directors via circulation, following member approval at the EGM on July 19, 2026, and in-principle approval from BSE and NSE. The new shares rank pari-passu with existing equity shares. The company's paid-up equity share capital has increased to ₹12,68,21,585.00 post-allotment. The allotted shares are subject to lock-in periods as per SEBI regulations.