Knowledge Marine & Engineering Works Limited — Others, 20-01-2025: Shareholders meeting

Knowledge Marine & Engineering Works Limited held an Extra-Ordinary General Meeting (EOGM) through video conferencing to address key business resolutions. Notably, the company proposed a sub-division of equity shares from a face value of ₹10 to ₹5, and sought approval for fund raising of up to ₹500 crore via securities issuance. The EOGM, chaired by Mrs. Kanak Kewalramani, involved necessary discussions and e-voting proceedings, ensuring all members could participate effectively. This move may enhance liquidity and appeal to a broader range of investors, potentially fostering a positive outlook for the company’s shareholder value.