Board meeting on June 26 to consider fundraise via equity, warrants, or QIP
KMEW · price
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Knowledge Marine and Engineering Works (KMEW) has called a board meeting on June 26, 2026 at 4 PM to consider raising funds by issuing equity shares and/or convertible securities such as warrants or preference shares, through private placement, preferential allotment, or QIP. A separate EGM notice will also be issued to seek shareholder approval for the fundraise. The trading window for directors, promoters, promoter group, designated persons, and connected persons is closed from end of business on June 22 till 48 hours after the board meeting outcome.
Potential equity dilution ahead if the fundraise is approved. Stock is in a closed trading window until 48 hours after the June 26 outcome.