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Knowledge Marine: Stock jumps 4% after awarding 52,632 shares to Ashish Kacholia

Knowledge Marine & Engineering Works Limited (KMEW) issued 52,632 preferential shares to Ashish Kacholia, alongside other investors to strengthen the company’s capital base.

Introduction

Leading shipbuilding and marine services firm issued 52,632 preferential shares to Ashish Kacholia, increasing his holdings while remaining non-promoter, alongside other investors to broaden the shareholder base and strengthen capital position.

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Share price movement of Knowledge Marine & Engineering

On October 10, 2025, Knowledge Marine & Engineering Works Ltd opened at ₹2,419.95, up 1.29% from its previous close of ₹2,389.10. The stock reached a high of ₹2,494.05 (4.35%) and a low of ₹2,330.00. By 10:57 AM, it traded at ₹2,379.95, a 0.38% decrease, with a market cap of ₹2,570.58 crore.

Ashish Kacholia Increases Stake in KMEW Shares

Knowledge Marine & Engineering Works Limited (KMEW) announced a preferential issue of 52,632 equity shares to investor Ashish Kacholia. The allotment is part of a broader share issuance involving multiple entities.

After the allotment, Kacholia’s holding will increase from 300,000 shares. Despite the increase, he will continue to remain a non-promoter in Knowledge Marine & Engineering Works Limited.

Other investors receiving shares include Infinity Direct Holdings, Infinity Direct Capital, Infinity Partners II – Direct, Vimana Capital Management LLP, and Suryashakti Management Services Private Limited. The move aims to strengthen KMEW’s investor base.

Ace investor holding in Knowledge Marine & Engineering

Ashish Kacholia holds a 2.78% stake in Knowledge Marine & Engineering Works Ltd, owning 300,000 shares valued at ₹71.4 crore.

Stock performance of Knowledge Marine & Engineering for Period of 1 week, 6 months, and 1 year

Knowledge Marine & Engineering Works Ltd delivered a 1.17% return over the past week, gained 72.0% in the past six months, and increased by 42.0% over the past year.

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Shareholding pattern of Knowledge Marine & Engineering

ParticularsJun 2025Mar 2025Dec 2024
Promoter60.70%60.70%60.70%
FII0.50%0.60%0.80%
DII0.20%1.90%2.20%
Public39%37%36%

About Knowledge Marine & Engineering

Knowledge Marine & Engineering Works Ltd (NSE: KMEW) offers dredging services, operates and maintains marine crafts, and provides repair, maintenance, and refitting of marine infrastructure, serving the shipbuilding and marine services industry.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Knowledge Marine & Engineering Works Ltd share price going up today?

A: Knowledge Marine & Engineering Works Ltd share price rose after announcing a preferential issue of 52,632 shares to Ashish Kacholia.

Q: What does Knowledge Marine & Engineering Works Ltd specialize in?

A: Knowledge Marine & Engineering Works Ltd specializes in dredging services, operating and maintaining marine crafts, and repairing marine infrastructure.

Q: How much stake does Ashish Kacholia hold in Knowledge Marine & Engineering Works Ltd stock?

A: Ashish Kacholia holds a 2.78% stake in Knowledge Marine & Engineering Works Ltd, owning 300,000 shares valued at ₹71.4 crore.

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