Designated Persons Acquire Equity Stakes in Knowledge Marine & Engineering Works Ltd
Knowledge Marine & Engineering Works Limited (KMEW), a ship builder and marine contractor, reported that its designated persons acquired equity shares on June 3, 2026. The purchases were made by Chief Executive Officer Sujay Kewalramani and Chief Operational Officer Dinesh Kewalramani.The acquisitions represent an increase in the stake held by the senior management within the company. Sujay Kewalramani, who holds the designation of Chief Executive Officer, purchased 108 equity shares at a value of Rs. 1,94,292/-. In addition, Dinesh Kewalramani, serving as Chief Operational Officer, acquired 100 equity shares for Rs. 1,79,393/-.
The details of the transactions involving KMEW (ISIN: INE0CJD01029) are summarized below:
| Designated Person | Designation | Shares Purchased | Transaction Value |
|---|---|---|---|
| Sujay Kewalramani | Chief Executive Officer | 108 Equity Shares | Rs. 1,94,292/- |
| Dinesh Kewalramani | Chief Operational Officer | 100 Equity Shares | Rs. 1,79,393/- |
Both transactions were executed on the stock exchanges. The acquisitions were reported by the company on June 4, 2026.
KMEW Stock Price Movement
Shares of Knowledge Marine & Engineering Works Limited are gaining strongly to ₹1919 as of 12:07 PM, successfully rising by 6.58% in live trading today. The stock maintains a high trading pace, with 98,660 shares transacted during the current session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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