EGM held; preferential share issuance resolution tabled

Board & Shareholder Meetings View source PDF

KMEW · price

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AI summary

Knowledge Marine and Engineering Works held an Extra-Ordinary General Meeting on July 19, 2026 via video conferencing. One special resolution was tabled seeking shareholder approval for issuance of equity shares on a preferential basis. Quorum was present and all four directors attended. No shareholders asked questions. E-voting results from the scrutinizer are expected within 2 working days.

Likely market impact

A preferential share issue may dilute existing shareholders if approved. Final outcome depends on e-voting results expected within two working days.