
Promoter Reclassification21 Oct 2026, 08:10 pm
Knowledge Marine & Engineering Works: Board Approves Promoter Reclassification
AI Summary
Knowledge Marine & Engineering Works Limited's Board of Directors, in a meeting held on October 21, 2026, has approved requests from several members of the promoter group to be re-classified to the 'Public' category. This decision is in accordance with Regulation 31A of the SEBI (Listing Obligation & Disclosure Requirement) Regulations, 2015. The re-classification is subject to the approval of the stock exchanges. The board meeting commenced at 06:30 p.m. (IST) and concluded at 07:10 p.m. (IST).
Key Highlights
- Board considered and approved promoter re-classification requests.
- Re-classification is in accordance with SEBI Listing Regulations.
- Approval is subject to stock exchange clearance.
- Board meeting held on October 21, 2026.
Price Impact
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