KMEW awarded additional order at Deendayal Port Authority

Knowledge Marine & Engineering Works Limited ("KMEW") (BSE: 543273) (NSE: KMEW) is proud to announce that that we have been awarded a work order by Deendayal Port Authority ("DPA") for "Excavation / Cutting in Water Front Area at Roll-on/ Roll/off (Ro-Ro) facilities for Handling Over Dimensional Cargo (ODC Cargo) at Bunder Basin". The said work order is valued at ₹ 91.85 Lakhs (Rupees Ninety-One Lakhs Eighty-Five Thousand) including taxes.

The work order involves Dredging/Excavation in Water Front area near to South Wharf at Bunder Basin. The said work comprises of the excavation of sand, silt, clay and admixture of the any type of soil same from within the Ro-Ro Pockets surrounding of Ro-Ro location etc., Kandla and Removing/disposed of the all the excavated materials at an eared marked area in outside the port area. This reflects trust of the port authority on KMEW's timelinedriven, phased execution model and strong project planning.

KMEW will deploy its in-house vessel fleet for this operation, showcasing the company's asset readiness and commitment to maximizing fleet utilization. This strategic deployment ensures cost efficiency, operational agility, and seamless execution aligned with client expectations.

This contract win reinforces KMEW's position as a preferred partner in India's dredging and marine engineering sector and continues to demonstrate KMEW's ability to deliver mission-critical infrastructure solutions that support national logistics and trade ambitions.

This latest contract win reflects the company's strategic focus on scaling operations, enhancing asset utilization, and delivering critical infrastructure services with excellence.

Commenting on the Work Order, Mr. Sujay Kewalramani, CEO of Knowledge Marine & Engineering Works Ltd said that, With this order win, KMEW continues to strengthen its presence at one of India's most vital maritime gateways. For execution of this work order, we will deploy our existing fleet and proven dredging equipment. We are ready to execute this complex project with efficiency and discipline. As we celebrating the decade journey, we will achieve new breakthrough and new heights that we lead the next decade of the Company. Our compass remains fixed on delivering value, strengthening stakeholder confidence, and reinforcing our reputation as a reliable force in India's marine infrastructure landscape."

Shares of Knowledge Marine & Engineering Works Ltd was last trading in BSE at Rs. 2559.60 as compared to the previous close of Rs. 2540.30. The total number of shares traded during the day was 9393 in over 876 trades.

The stock hit an intraday high of Rs. 2577.45 and intraday low of 2488.80. The net turnover during the day was Rs. 23901693.00.

Source : Equity Bulls

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