Knowledge Marine & Engineering Works Share price

The Company was incorporated as “Knowledge Marine & Engineering Works Private Limited” under the provisions of the Companies Act 2013 vide Certificate of Incorporation dated October 26 2015 bearing CIN: U74120MH2015PTC269596 issued by the Registrar of Companies Maharashtra Mumbai. Subsequently the Company was converted into a Public Limited Company pursuant to the special resolution passed by the shareholders at the Extra-Ordinary General Meeting of the Company held on January 23 2020 and consequent upon conversion the name of the Company was changed to “Knowledge Marine & Engineering Works Limited” vide a fresh certificate of incorporation dated January 31 2020 bearing CIN: U74120MH2015PLC269596 issued by the Registrar of Companies Mumbai.Mr. Saurabh M. Daswani and Mr. Pinkesh P. Kewalramani were the initial subscribers to the Memorandum of Association of the Company.Incorporated in 2013 at Chennai KMEW Group started its business as a small Marine Engineering Company and got its first order for working with L&T Shipyard. With a two years of marine engineering experience and sustainable financial growth the group expanded to owning and operating small crafts under the flagship of Knowledge Marine & Engineering Works Private Limited with its head office at Mumbai.Major events and milestones of the Company :2016- Salvage of Steel Walkway at Kandla Port and Replacing it with Newly Fabricated Walkway2017Conversion of Hopper Barge River Pearl 2 into Grab Dredger2018- Flagging off ceremony of River Pearl 1 by Honorable Minister Mansukh L. Mandaviya (Minister of State for Ministry of Shipping Government of India)2019- Induction of TSHD River Pearl 4 at Kolkata Channel by Shri Vinit Kumar (Chairman Kolkata Port Trust)- Transportation of Pilot Boat River Pearl 3 by Road from Mumbai Port to Vizag Port and starting of the work at Vizag Port.2020- Completion of 1 Million Cubic Meters of Dredging under single order at Kolkata Port by TSHD River Pearl 4- Successful completion of two and half years of deployment of River Pearl 1 without a single hour of down time / off hire- Successful completion of two and half years of deployment of River Pearl 2 without a single hour of down time / off hire