Knowledge Marine CEO increases stake in company

Knowledge Marine & Engineering Works Limited announced that sujay mohanlal kewalramani, the chief executive and a member of the promoter group, has acquired 77,946 convertible warrants. These warrants, exercisable into fully paid equity shares of ₹10/- each, were allotted on a preferential basis.

The acquisition is valued at ₹3,70,24,350/- and took place on October 30, 2025. Following the allotment, mr. kewalramani's holding of convertible warrants increased from 0 to 77,946, representing 0.63% of the company's diluted share capital. His equity shareholding remains at 7,287 shares, or 0.07%.

The warrants are convertible into equity shares within 18 months from the allotment date. This transaction highlights a substantial increase in the chief executive's potential stake in the company.