In a regulatory filing, the company announced that it will be sub-dividing its equity shares in a 1:2 ratio, reducing the face value from Rs 10 to Rs 5 per share. As per the announcement, each existing equity share of Rs 10, fully paid-up, will be split into two equity shares of Rs 5 each, with all new shares ranking pari-passu in every respect.
The change will come into effect from the ex-date of December 22, 2025, when the stock will begin trading on a post-split basis.
As of the latest shareholding pattern, Ashish Kacholia holds 3,00,000 shares in the company, amounting to a 2.78% stake. His investment has drawn attention to the counter, which has posted substantial returns over the past year.
According to available data on the BSE website, Knowledge Marine & Engineering Works has delivered strong performance in the markets, with stock gains of 9.52% in the last week, 23.03% over two weeks, 27.61% in one month, 37.88% in three months, 107.69% over six months, 56.31% year-to-date, and 57.77% over the past one year.
On Thursday, Knowledge Marine & Engineering Works shares closed 2% lower at Rs 3,465.05 on the BSE.
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