Announced Wed, 24 Jun · 13:22 IST
Promoters sell 2.10 percent stake in Knowledge Marine via bulk deal
KMEW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.8%1-day move
₹2338.10
prior close
₹2388.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.6-0.6-0.7-3.8-4.4-1.3-6.2-0.0-3.3+3.6+5.0——
Up moveDown movePending
AI summary
Promoters Kanak Kewalramani and Dinesh Kewalramani along with PACs sold 5,12,820 shares (2.10 percent) of Knowledge Marine and Engineering Works via an open market bulk deal on June 19, 2026. Kanak sold 3,45,620 shares (1.41 percent) and Dinesh sold 1,67,200 shares (0.68 percent). Promoter group holding fell from 53.66 percent to 51.56 percent, still comfortably above the 50 percent takeover threshold.
Likely market impact
Promoter selling of 2.10 percent stake may create short-term pressure on the stock, though they retain 51.56 percent above the 50 percent mark.