Knowledge Marine Board to Consider NCD Issuance on Sep 8

Knowledge Marine & Engineering Works Ltd has scheduled a Board of Directors meeting for September 8, 2026, to consider and approve the issuance of debt securities, specifically Non-Convertible Debentures (NCDs). This move aims to raise funds and will be conducted within the existing overall borrowing limit of ₹1,200 Crores, previously approved by shareholders on March 15, 2026. The company seeks separate board and potentially shareholder approval to ensure compliance with specific regulatory and listing requirements for NCDs. This clarification follows an earlier communication on September 3, 2026, regarding fund-raising via convertible or non-convertible securities.