Knowledge Marine & Engg. Works will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live News

Knowledge Marine & Engineering Works has been awarded with a work order from Inland Waterways Authority of India for Fairway maintenance of Sultanganj� Mahendrapur (74 Km) and Mahendrapur�Barh (71 Km) stretches of National Waterway�1 (�River Ganga�). The contract is for a period of three years and further extendable by two more years and is valued at ₹1,47,43,51,000/- (Rupees One Hundred Forty-Seven Crores Forty-Three Lakhs Fifty-One Thousand Only) inclusive of Taxes.Powered by Capital Market - Live News

Knowledge Marine & Engineering Works has received reaffirmation in credit ratings for bank facilities of Rs 200 crore at CRISIL BBB; Stable/ CRISIL A3+. Powered by Capital Market - Live News

Knowledge Marine & Engineering Works has been awarded a work order by the Dredging Corporation of India (DCI) for the maintenance dredging and salvaging work at Kandla Port. The contract is for a period of three years and is valued at Rs 17.77 crore. The scope of the contract at Kandla Port comprises two distinct activities. The first involves maintaining water depths at cargo berths and oil jetties for a period of 3 years by removing accumulated silt and sediments to meet the project`s design specifications. The second involves salvaging materials such as wooden logs, concrete pieces, mixed scrap, and iron scrap from the seabed during dredging operations. The company has secured its first-ever salvaging contract, marking a significant milestone in expanding its expertise within the dredging segment and strengthening its capabilities in complex marine projects.Powered by Capital Market - Live News

Knowledge Marine & Engineering Works has been awarded a work order from Mumbai Port Authority for the work of hiring of two patrol boats with a speed of not less than 20 knots. The contract is for a period of seven years and is valued at Rs 19.27 crore (inclusive of GST). Powered by Capital Market - Live News