Knowledge Marine shareholders approve equity and warrant issuances

Knowledge Marine & Engineering Works Limited announced the successful passing of resolutions at its extra-ordinary general meeting (EGM) held on Thursday, October 9, 2025. Both resolutions, "issuance of equity shares on preferential basis" and "issuance of warrants on preferential basis," were approved with requisite majority.

For the equity issuance, 6,959,680 votes were cast in favor (99.88% of total valid votes), with 8,326 votes against (0.12%). Similarly, the warrant issuance received 6,959,680 votes in favor (99.88%) and 8,326 votes against (0.12%). The EGM, which commenced at 1:00 PM and concluded at 1:54 PM, saw 7,609 shareholders on record, with 33 shareholders present either in person or through proxy.

The voting results, scrutinized by Mrs. Preeti Singhania of P Singhania & Associates, chartered accountants, included remote e-voting and polling papers. The remote e-voting period ran from October 6, 2025, to October 8, 2025.