The board of Knowledge Marine & Engineering Works at its meeting held on 30 October 2025 has approved the allotment of 14,21,054 equity shares for cash at an issue price of Rs 1900 per equity share (including a premium of Rs 1,890 per share)  for an amount aggregating to Rs 270 crore to promoters belonging to the non-promoter category on preferential basis.

The board also approved the allotment of 77,946 convertible warrants for cash at an issue price of Rs 1900 per warrant (including a premium of Rs 1890 per warrant) for a total investment aggregating to Rs 14.80 crore to  the person belonging to the promoter category on preferential basis.