Knowledge Marine & Engineering Works (KMEW) 1:2 Stock Split Takes Effect Today

Mumbai, 22 Dec 2025: Knowledge Marine Engineering Works Limited has announced a 1:2 sto͏c͏k split, which takes effect today. The value of each equity share has been split from ₹10 to ₹5, with 22nd December 2025 being both the ex-date and the record date for the purpose of shareholder eligibility.

Located in Mumbai, Knowledge Marine Engineering Works Ltd is a leading marine service provider for shipbuilding, repair, ship chartering and dredging contracts. The company is listed on BSE and NSE with symbol KMEW and BSE Code 543273 and has expanded its operations geographically from India to Myanmar and Bahrain.

Board Approves Subdivision to Increase Liquidity and Broaden Shareholder Base

The split was sanctioned by the company’s board of directors at its meeting held on 14 November 2025. The pri͏mary rationale was to increase the liquidity of the company’s shares in the capital market, to expand the shareholder base and increase the accessibility of the shares for retail investors. After split, the authorised share capital of the companyremains at ₹150 million, divided into 3 crore shares of ₹5 each, while the issued, subscribed and paid-up capital stands at ₹108.01 million, representing 2.1602 million shares.

Strong September Quarter Results Support Corporate Act͏ion

The split came after the company reported robust earnings for the quarter and half-year ended 30 September 2025. Net profit of the company declined 9.1% quarter-on-quarter (QoQ) to ₹1,189.5 for Q2 FY26 on consolidated basis. But, the revenue from operations for the six month period ended at ₹9,864.8 million. The board also took on record the un-audited financials and the re-appointment of Mr.Hemant Kumar Sibal as a Non-Executive Director, subject to the approval of the shareholders.

Share Price Sky Rockets over 15% on Ex-Split Date, Nearing 52-Week High

Reflecting positive market sentiments on improved affordability post-split, the share price of KMEW attracted strong buying interest. The ͏stock opened at ₹1,610.10 on the NSE and surged to an intraday high of ₹1,959.30, just short of its new 52-week high. At 1:43 PM IST ͏on the day, the stock was trading at ₹1,883.80, up a signifcant₹251.00 ͏or 15.3% from the previous close. 

Source: https://www.nseindia.com/get-quote/equity/KMEW/Knowledge-Marine-&-Engineering-Works-Limited

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