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Shareholding24 Jun 2026, 01:24 pm

Knowledge Marine Promoters Sell 2.10% Stake

AI Summary

Knowledge Marine & Engineering Works Ltd announced that its promoters, Kanak Kewalramani and Dinesh Kewalramani, along with Persons Acting in Concert (PACs), have sold 5,12,820 equity shares, representing 2.10% of the total share capital, through an open market transaction. This sale reduces the promoter group's total holding from 53.66% to 51.56%. The transaction occurred on June 19, 2026, and was conducted via bulk deal on BSE and NSE. The total equity share capital of the company remains unchanged at 2,44,44,108 shares.

Key Highlights

  • Promoters sold 5,12,820 shares, a 2.10% stake.
  • Post-sale promoter holding reduced to 51.56%.
  • Transaction was an open market sale via bulk deal.
  • No change in total equity share capital reported.