Announced Thu, 9 Jul · 20:54 IST

Corrigendum to EOGM Notice - Preferential Issue Clarifications

Board & Shareholder Meetings View source PDF

KMEW · price

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Price reaction · full curve 14 horizons · vs prior close
+6.4%1-day move
₹2266.00
prior close
₹2275.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+0.9+1.2+1.4+6.4+3.5+8.6+6.9+6.3+8.6
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AI summary

Knowledge Marine & Engineering Works issued a corrigendum to its EOGM notice dated June 26, 2026, with the meeting scheduled for July 19, 2026. It addresses queries from BSE and NSE on the proposed preferential issue. Floor price is fixed at Rs. 1,962.52 per share (10-day VWAP); issue price is Rs. 1,962.53. Promoter holding will move from 51.55 percent to 50.30 percent post-issue. Total shares rise from 2.44 crore to 2.54 crore. The issue price remains unchanged from the original notice.

Likely market impact

Clarifications on preferential issue terms; issue price unchanged. Promoter stake dilutes slightly, public holding expands marginally.