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Knowledge Marine & Engineering Works Limited — Capital/Financing Update 2026
May 4, 2026
59502_rns_2026-05-04_bd2030a3-c1d0-46d5-92d5-b7980d9b1610.pdf
Capital/Financing Update
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KMEW
KNOWLEDGE MARINE & ENGINEERING WORKS LIMITED
Ship Builders, Repairers, Charterers and Marine Contractors
CIN: L74120MH2015PLC269596
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Ref: KMEW/SE/Reg-30/26-27/01
Date: May 04, 2026
To,
Listing Department
BSE Limited
P. J. Towers,
Dalal Street, Fort
Mumbai- 400001
Listing & Compliance Department
The National Stock Exchange of India Limited
Exchange Plaza, C-1 Block G,
Bandra Kurla Complex,
Bandra (E), Mumbai – 400051
| Scrip Code | Symbol | ISIN |
|---|---|---|
| 543273 | KMEW | INEOCJDO1029 |
Sub: Press Release
Please find enclosed herewith copy of Press Release titled “Strategic Expansion through acquisition of Waterfront Land for Shipyard”.
The said Press release is self-explanatory.
Kindly take the above on record and oblige.
Thanking You,
Yours Faithfully,
For Knowledge Marine & Engineering Works Limited
AVDHOOT Digitally signed by AVDHOOT AJAY KOTWAL
AJAY KOTWAL Date:2026.05.04 14:59:27 +05'30'
Avdhoot Kotwal
Company Secretary & Compliance Officer
Encl.: a/a
Regd. Office: Unit No. 706-707, The Epicentre, W. T. Patil Marg, Off Eastern Freeway,
BEST Colony, Near Shivaji Chowk, Chembur East, Mumbai – 400 071
Phone: 022 - 35374606 | E-mail: [email protected] | Website: www.kmew.in
Listed on BSE & NSE exchange (KMEW | 543273 | INE0CJD01029)
Knowledge Marine & Engineering Works Ltd.
(BSE: 543273) (NSE: KMEW)
KMEW
PRESS RELEASE
Strategic Expansion through acquisition of Waterfront Land for Shipyard
Mumbai, India | October 15, 2025 – Knowledge Marine & Engineering Works Limited (KMEW) (BSE: 543273 | NSE: KMEW) today announced the acquisition of ~15 acres of prime waterfront land (with an additional 5-acre expansion option) at Saphale, Palghar, Maharashtra. Executed through its subsidiary, Knowledge Shipyard Private Limited, the acquisition marks a pivotal step in KMEW’s evolution into a technology-driven, sustainable shipbuilding enterprise.
This development follows KMEW’s recent entry into commercial shipbuilding and establishes a dedicated platform for scalable, future-ready maritime infrastructure.
Strategic Location. Future-Ready Infrastructure.

Located along the Vaitarna River and in close proximity to the upcoming Vadhvan Port, the site offers strong multimodal connectivity and natural marine advantages, including:
- ~188m waterfront access
- Natural slipway with ~6m high-tide draft
- Robust river width enabling efficient vessel movement
These inherent features position the facility as a high-efficiency hub for modern shipbuilding and repair operations.
Unit No. 706-707, The Epicentre, W. T. Patil Marg, Off Eastern Freeway, BEST Colony, Near Shivaji
Chowk Chembur (East), Mumbai – 400 071
Knowledge Marine & Engineering Works Ltd.
(BSE: 543273) (NSE: KMEW)
KMEW
Building a Smart, Sustainable Shipyard Ecosystem
KMEW is developing the site as a fully integrated, digitally enabled shipyard designed for precision, efficiency, and environmental responsibility. Key highlights include:
- Advanced production infrastructure: Hull fabrication, pipe, mechanical, and electrical workshops with streamlined workflows
- Smart utilities & automation readiness: Integrated power systems, material handling, and operational infrastructure
- Sustainability-first design: Sewage treatment systems, structured waste management, and optimized energy usage
- End-to-end capability: From construction to repair and lifecycle support
The shipyard is envisioned as a self-sustaining maritime ecosystem aligned with global best practices in green and smart manufacturing.
People-Centric, High-Performance Environment
The facility will incorporate modern administrative and workforce infrastructure, including:
- Digitally enabled office and training spaces
- On-site accommodation and amenities
- Secure, efficient logistics and access systems
This integrated approach ensures operational excellence while fostering a skilled and future-ready workforce.
Aligned with India's Maritime Growth Trajectory
India's shipbuilding sector is entering a high-growth phase, supported by strong policy initiatives such as:
- Shipbuilding Financial Assistance Policy (SBFAP)
- Green Tug Transition Programme
- Maritime India Vision 2030
KMEW's shipyard is strategically aligned with these initiatives, positioning the Company to capitalize on increasing demand for indigenous, sustainable maritime solutions.
Unit No. 706-707, The Epicentre, W. T. Patil Marg, Off Eastern Freeway, BEST Colony, Near Shivaji
Chowk Chembur (East), Mumbai – 400 071
Knowledge Marine & Engineering Works Ltd.
(BSE: 543273) (NSE: KMEW)
KMEW
Commenting on the Said Shipyard land Acquisition, Mr. Sujay Kewalramani, CEO of Knowledge Marine & Engineering Works Ltd said that,
"This shipyard land is not merely an acquisition; it is the dawn of a new maritime chapter for KMEW Group. With a strategically located waterfront near Vadhvan Port and a natural slipway that offers inherent operational excellence, we are laying the foundation for India's next great shipbuilding hub. Our phased expansion — from specialized workboats and tugs in Phase I, to integrated repair facilities and floating dry docks in Phase II, and finally to large-scale vessels in Phase III — reflects a carefully sequenced journey of scale, innovation, and resilience.
We are building more than ships; we are building a self-sustaining maritime engine that will serve as a beacon of India's shipbuilding renaissance. Supported by India's amenities, advanced fabrication capacity, and a people-centric environment, this facility will deliver end-to-end solutions across the vessel lifecycle.
Aligned with the Government of India's vision under Maritime India 2030 and Amrit Kaal 2047, our shipyard positions KMEW to contribute meaningfully to national self-reliance, green transition, and global competitiveness. We see this not only as an investment in infrastructure but as an investment in India's maritime destiny — a future where our shipyard stands as a gateway to innovation, sustainability, and leadership on the world stage."
Safe Harbour
Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company's operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.
For further information, please contact
Company:
Knowledge Marine & Engineering Works Limited
Investor Relation
Unit No. 706-707, The Epicentre, W. T. Patil Marg, Off Eastern Freeway, BEST Colony, Near Shivaji
Chowk Chembur (East), Mumbai – 400 071