Knowledge Marine & Engineering Works Limited (KMEW) has issued a Postal Ballot Notice dated May 29, 2026, to seek shareholder approval for several key resolutions. The company is requesting approval to ratify material related party transactions with Knowledge Shipyard Private Limited (KSPL) amounting to ₹105.65 Crores during FY 2025-26 and continuing into FY 2026-27. Furthermore, shareholders will vote on approving new material related party transactions with KSPL, a subsidiary, for an aggregate value not exceeding ₹800 Crores during FY 2026-27. The company is also seeking approval to increase the limit for investments, loans, guarantees, and securities under Section 186 of the Companies Act, 2013, to ₹500 Crores. The remote e-voting period for these resolutions will commence on Wednesday, June 03, 2026, at 9:00 a.m. IST and conclude on Thursday, July 02, 2026, at 5:00 p.m. IST. The results of the postal ballot, along with the Scrutinizer's report, will be announced on or before Monday, July 06, 2026. All voting will be conducted electronically through MUFG Intime India Private Limited.
