Knowledge Marine & Engineering Works: Board Meeting Intimation for Sub-Division Of The Equity Shares Of The Company And Raising Funds Via Issuance Of Equity Shares

Knowledge Marine & Engineering Works Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/12/2024 inter alia to consider and approve (a) sub-division of the equity shares of the Company having a face value of ?10/- each in such manner as may be determined by the Board of Directors subject to the approval of the shareholders of the Company and regulatory/statutory approvals as may be required (b) raising funds via issuance of equity shares through a private placement or through one or more qualified institutional placement (QIP) and / orpreferential allotment and / or through any other permissible mode in accordance with the relevant provisions of applicable law subject to approval from the shareholders of the Company and the receipt of statutory /regulatory and other approvals as may be required