Knowledge Marine & Engineering Works Limited has informed the Exchange regarding a press release dated November 03, 2025, titled "KMEW Accelerates Maritime Innovation with Strategic MoUs atIndia Maritime Week 2025".
KMEW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Knowledge Marine & Engineering Works Limited (KMEW) signed multiple MoUs worth Rs. 1,560 Crores at India Maritime Week 2025 (held October 27–31, 2025) with three government maritime bodies: Mumbai Port Authority, V. O. Chidambaranar Port Authority, and Maharashtra Maritime Board. The scope covers chartering, manning, operation, maintenance, and full technical management of 6 conventional harbour tugs (7 years), 1 GTTP-compliant battery-operated harbour tug (15 years), 2 dock tugs, and 2 security patrol boats (7 years), along with ship building and ship repairing facilities. The MoUs position KMEW to support India's green maritime transition and expand its long-term order book. CEO Sujay Kewalramani reiterated the company's ambition to become a billion-scale enterprise in the coming years.
This is a large order win that significantly strengthens KMEW's revenue visibility over the next 7–15 years and reinforces its order book with prestigious government clients. The deal should be viewed positively by investors as it aligns the company with India's sustainability push and port modernisation agenda.