Knowledge Marine & Engineering Works Limited — Dividend/Bonus, 24-12-2024: Stock split

Knowledge Marine & Engineering Works Limited has approved a split of its existing equity share from one share of ₹10 into two shares of ₹5 each, pending shareholder approval. This move aims to enhance liquidity and attract a broader shareholder base. The record date will be determined after obtaining shareholder consent. Additionally, the company plans to raise funds of up to ₹500 crores through equity shares or other instruments, depending on approvals. An Extraordinary General Meeting is scheduled for January 20, 2025, to seek shareholder approval for these initiatives.