Designated Persons Purchase Shares in Knowledge Marine & Engineering Works Limited
Designated persons associated with Knowledge Marine & Engineering Works Ltd (KMEW) have acquired stakes in the company, signaling increased promoter confidence in the ship builders and marine contractor.According to disclosures released on June 03, 2026, Sujay Kewalramani, Chief Executive Officer and a member of the Promoter Group, purchased 1,345 Equity Shares. The transaction, which took place through the open market on June 02, 2026, was completed at a value of Rs. 23,87,375/- (Rupees Twenty-Three Lakhs Eighty-Seven Thousand Three Hundred Seventy-Five Only). With this acquisition, his holding increased to 20,000 shares, representing 0.082% of the company's stock.
Dinesh Kewalramani, Chief Operational Officer and a member of the Promoter Group, also purchased Equity Shares in KMEW. He acquired 200 Equity Shares on June 02, 2026, through open market trading on BSE and NSE. The purchase was valued at Rs. 3,57,875/- (Rupees Three Lakhs Fifty-Seven Thousand Eight Hundred Seventy-Five Only). His total stake in the company stands at 8,17,700 shares, equating to 3.345% of the shareholding.
The details regarding these transactions are presented below:
| Designated Person | Designation | Shares Acquired | Total Value | Date of Acquisition |
|---|---|---|---|---|
| Sujay Kewalramani | Chief Executive Officer (KMP) and Promoter Group Member | 1,345 Equity Shares | Rs. 23,87,375/- | June 02, 2026 |
| Dinesh Kewalramani | Chief Operational Officer (SMP) and Promoter Group Member | 200 Equity Shares | Rs. 3,57,875/- | June 02, 2026 |
The transactions provide insight into the changes in holding for these designated persons:
| Name | Total Shares Held Prior to Acquisition | Shares Acquired | Total Shares Held Post-Acquisition |
|---|---|---|---|
| Sujay Kewalramani | 18,655 Equity Shares Convertible Warrants (0.076%) | 1,345 Equity Shares | 20,000 shares (0.082%) |
| Dinesh Kewalramani | 8,17,500 Equity Shares (3.344%) | 200 Equity Shares | 8,17,700 shares (3.345%) |
KMEW Stock Price Movement
Shares of Knowledge Marine and Engineering Works Limited are edging higher to ₹1782 as of 11:43 AM, recording a gain of 0.08%. The equity is currently trading within its day's range, spanning from a low of ₹1760.3 to a high of ₹1821.9.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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