We are enclosing herewith the copy of Annual Report along with Notice of 11th Annual General Meeting ('AGM') of the Knowledge Marine & Engineering Works Limited for the Financial Year 2025-26.

KNOWLEDGE MARINE & ENGINEERING WORKS LIMITED Ship Builders, Repairers, Charterers and Marine Contractors CIN: L74120MH2015PLC269596 Ref: KMEW/SE/Reg-34/2026-27/01 Date: September 08, 2026 Listing Department Listing & Compliance Department BSE Limited The National Stock Exchange of India Limited P. J. Towers, Exchange Plaza, C-1 Block G, Dalal Street, Fort Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai – 400051 Scrip Code Symbol ISIN 543273 KMEW INE0CJD01029 Dear Sir/Ma’am, Sub: Annual Report for the Financial Year 2025-26 In continuance of our letter dated September 08, 2026 and pursuant to provisions of Regulation 34 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement) Regulation, 2015, as amended (“Listing Regulations”), we are enclosing herewith the copy of Annual Report along with Notice of 11th Annual General Meeting (“AGM”) of the Knowledge Marine & Engineering Works Limited for the Financial Year 2025-26, which is being sent through electronic mode to those Members whose e-mail addresses are registered with the Company/ Registrar & Share Transfer Agent/Depository Participant(s). Further, a letter is being sent providing the web-link, including the path of the Annual Report and AGM Notice, to those Shareholder(s) who have not registered their e-mail addresses. The Annual Report is also available on the website of the Company at https://kmew.in/investor-information.html Kindly take the same on record & oblige. Thanking You, Yours Faithfully, For Knowledge Marine & Engineering Works Limited Avdhoot Kotwal Company Secretary & Compliance Officer Regd. Office: Unit No. 706 & 707, The Epicentre, W. T. Patil Marg, Off Eastern Freeway, BEST Colony, Near Shivaji Chowk, Chembur East, Mumbai – 400 071 Phone: 022 –35374606 E-mail: info@kmew.in, Website: www.kmew.in Listed on BSE & NSE exchange (KMEW | 543273 | INE0CJD01029) Corporate Overview Statutory Report Financial Report Knowledge Marine & Engineering Works Limited Contents Billion Corporate Overview Statutory Reports & Beyond 1 Billion & Beyond 36 Management Discussion & 4 The Company at a Glance Analysis Report 6 A Decade of Journey 53 Board’s Report 8 Achievements that Set the 70 Annexure to the Board’s Report Course for Tomorrow 95 Corporate Governance Report 10 Glimpses of Our Ten Years Focused Vision Financial Statements Celebration Limitless Growth 14 Key Highlights of FY2025-26 Standalone 16 Deepening the Foundations of 118 Independent Auditor’s Report Maritime Growth “Billion” represents the scale 132 Balance Sheet 18 Dredging Equipment & Expertise 133 Profit and Loss KMEW is working towards; 22 Management Statement 134 Cash Flow 28 Our Strong Performance 135 Statement of Changes in Equity 30 Board of Directors “Beyond” represents the 136 Notes 32 Our Esteemed Leadership Consolidated ambition that follows. 185 Independent Auditor’s Report 196 Balance Sheet 197 Profit and Loss 198 Cash Flow 199 Statement of Changes in Equity 200 Notes 248 NOTICE Annual Report 2025-26 || 1 Corporate Overview Statutory Report Financial Report Knowledge Marine & Engineering Works Limited The Momentum A Decade Built the Foundation. The Next Will Define the Scale. Built over a decade. Accelerating into the future. Crossing the US$1 billion market-capitalisation milestone is near Over the years, KMEW has built more than a track record. It has term ambition. built depth, scale and confidence. Our next phase will be shaped by bigger opportunities, a stronger Every project executed has strengthened our experience. Every and more capable fleet, deeper participation across the maritime vessel added has expanded our capabilities. Every challenge value chain and strategic investments that can meaningfully expand overcome has sharpened our conviction. the scale of our operations. What began as a focused maritime enterprise has steadily evolved Every contract secured, every capability strengthened and every into a diversified platform—built to execute, adapt and grow. investment undertaken will be directed towards one objective— building a larger, stronger and more enduring KMEW. Momentum is not measured only by It is a platform from which KMEW how far we have come, but by how intends to pursue larger opportunities, confidently we can move forward. broaden its capabilities and create greater long-term value. The Leadership The foundation is established. The direction is clear. The maritime landscape is evolving, and KMEW The next chapter is about scale. intends to evolve ahead of it. Our focus now extends beyond execution to leadership— strengthening capabilities, entering larger opportunities and building a platform capable of participating across a wider maritime value chain. For KMEW, leadership is not simply about being at the forefront. It is about having the strength to navigate change, the discipline to deliver consistently and the foresight to remain ahead. To lead the journey. To shape the course. To define what comes next. 2 || Annual Report 2025-26 Annual Report 2025-26 || 3 Corporate Overview Statutory Report Financial Report Knowledge Marine & Engineering Works Limited The Company at a Glance THREE CORE BUSINESS SEGMENTS A Diversified Maritime Infrastructure Company Knowledge Marine & Engineering Works Limited (KMEW), established in 2015, is an integrated maritime infrastructure company with capabilities spanning three core business segments — Dredging, Shipbuilding, and Chartering & Hiring of Port Ancillary Crafts. Over the years, we have built capabilities across dredging, shipbuilding, port ancillary services, marine engineering and inland waterways, serving India’s growing maritime needs. With specialised equipment, an experienced team and a strong execution track record, we are well positioned to undertake complex projects and deliver sustainable value. Dredging Shipbuilding Chartering & Hiring of KMEW undertakes specialised The Company has Port Ancillary Crafts 50+ 550+ Serving India’s dredging operations across ports, expanded into shipbuilding, KMEW provides specialised Maritime waterways and other marine strengthening its presence marine crafts to ports and other Marine Assets Strong Workforce Institutions environments, supported by its across the maritime value chain maritime authorities for their own fleet of dredging equipment and developing capabilities to day-to-day marine operations. Its KMEW owns and operates a Behind KMEW’s fleet and execution KMEW’s client base is anchored and experienced technical teams. construct specialised vessels portfolio includes survey boats, growing fleet of marine assets, capabilities is a workforce by Central Government maritime and marine crafts. mooring boats, speed patrol providing the asset base required comprising professionals, highly authorities, including Major Port boats, tugs and multicat boats, to execute specialised maritime skilled personnel and skilled Authorities, the Inland Waterways among other vessels. projects across India. manpower. Authority of India (IWAI) and The fleet includes: Dredging Corporation of India (DCI). This combination of technical 19 28 expertise, operational experience The Company has worked and on-ground execution capability with several of India’s 12 Major Dredging Port Ancillary enables KMEW to manage Ports, including Deendayal Port, Vision Mission Equipment Crafts specialised marine assets and Visakhapatnam Port, Mumbai Port, Its port ancillary fleet comprises execute complex maritime projects. V.O. Chidambaranar Port (Tuticorin), To emerge as a global player in the field of marine To provide value addition to ports and marine services by maintaining the highest standards of safety, establishments through holistic, innovative and survey boats, mooring boats, speed Paradip Port, New Mangalore Port, quality and environmental stewardship, with a focus on environmentally sustainable solutions in the fields of patrol boats, tugs and multicat Syama Prasad Mookerjee Port innovat [Showing first 8,000 characters — download PDF for full document]