Corporate Actions

Back

Knowledge Marine secures Rs 279.33 crore, 15-year charter contract from Mumbai Port Authority

19-Sep-26 22:54 Hrs IST

Knowledge Marine & Engineering Works Limited (KMEW) (BSE: 543273 | NSE: KMEW) announced it has secured a work order from Mumbai Port Authority for the chartering of a 60-ton, battery-operated electric Green Tug, along with associated manning, operations, maintenance, and technical management, for a period of 15 years. The contract is valued at Rs 279.33 crore, including GST, marking KMEW's third Green Tug contract awarded by a major Indian port and further strengthening its position in the emerging Green Tug segment. The company intends to construct the vessel alongside its other Green Tugs at its shipbuilding platform, aiming to develop standardization and technical expertise in next-generation marine assets.

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.