BSECompany Update2d ago · 5 Nov 2026, 11:05 am
Please find enclosed herewith the Press Release titled "KMEW completes the acquisition of TSHD River Pearl 48 to support large Scale Maintenance Dredging Project.
Knowledge Marine & Engineering Works Ltd · 543273
✦ AI Summary▲ PositiveExpansion
Knowledge Marine & Engineering Works Ltd has completed the acquisition of TSHD River Pearl 48, a Trailing Suction Hopper Dredger, at a capital cost of approximately ₹250 crore, strengthening its fleet and execution capacity for large-scale maintenance dredging projects.
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Knowledge Marine & Engineering Works Ltd - 543273 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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KNOWLEDGE MARINE & ENGINEERING WORKS LIMITED
Ship Builders, Repairers, Charterers and Marine Contractors
CIN: L74120MH2015PLC269596
Ref: KMEW/BSE/Reg-30/2025-26/41 Date: November 05, 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 INE0CJD01011
Sub: Press Release
Dear Sir/Ma’am,
Please find enclosed herewith copy of Press Release titled “KMEW completes acquisition of
TSHD River Pearl 48 to support Large-Scale Maintenance Dredging Projects”"
The said Press release is self-explanatory.
Kindly take the same on your record.
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)
Knowledge Marine & Engineering Works Ltd.
(BSE: 543273) (NSE: KMEW)
PRESS RELEASE
KMEW completes acquisition of TSHD River Pearl 48 to support
Large-Scale Maintenance Dredging Projects
Mumbai, India, November 05, 2026: Knowledge Marine & Engineering Works Limited
(KMEW) has completed the acquisition of River Pearl 48, a Trailing Suction Hopper Dredger
(TSHD), at a capital cost of approximately ₹250 crore. The acquisition strengthens
KMEW’s fleet and execution capacity for large-scale maintenance dredging projects.
A River Pearl 48 is a self-propelled vessel that dredges while moving slowly over the
seabed.
1. Suction: Trailing pipes with dragheads are lowered to the seabed. Powerful pumps
draw up a mixture of water and sediment.
2. Hopper loading: The sediment settles in the vessel’s hopper while excess water flows
out through overflow systems.
3. Transport: Once loaded, the vessel sails to a designated disposal or reclamation area.
4. Discharge: The dredged material is released through bottom doors, pumped ashore,
or discharged by another method, depending on the project.
The vessel then returns to the dredging area and repeats the cycle.
With a maximum dredging depth of 36 m, River Pearl 48 has the potential to dredge
approximately 8–10 million cubic metres per annum, subject to project conditions and
deployment. The vessel is expected to support KMEW’s recently awarded three-year
maintenance dredging contract at New Mangalore Port Authority (NMPA), involving
principal post-monsoon dredging of 15.9 million cubic metres over three years.
River Pearl 48 is scheduled for immediate deployment at New Mangalore Port, in time to
support commencement of the maintenance dredging contract on 15 November 2026.
The vessel’s Indian ownership, flag, classification and crew align with the Government of
India’s objective of promoting Indian-owned and Indian-flagged vessels. The vessel falls
within the ambit of the Right of First Refusal (RoFR) framework, supporting the
preference for Indian vessels in eligible procurement processes.
Unit No. 706-707, The Epicentre, W. T. Patil Marg, Off Eastern Freeway, BEST Colony, Near Shivaji Chowk Chembur (East),
Mumbai – 400 071
Knowledge Marine & Engineering Works Ltd.
(BSE: 543273) (NSE: KMEW)
Photograph of Vessel
Vessel Highlights
Specification River Pearl 48
Vessel type Trailing Suction Hopper Dredger (TSHD)
Year built 2021
Length × breadth × depth 118.20 m × 19.20 m × 8.60 m
Maximum dredging depth 36 m
Potential dredging capacity 8–10 million m³ per annum
Dredging draught 7.30 m
Speed 13.60 knots
Gross / net tonnage 6,408 / 3,588
Main engines 2 × 3,310 kW
Dredge pumps 2 × 8,000 m³/hour
Jet pumps 2 × 3,000 m³/hour
Flag / Class Indian flag / Indian Register of Shipping
Crew 100% Indian
Unit No. 706-707, The Epicentre, W. T. Patil Marg, Off Eastern Freeway, BEST Colony, Near Shivaji Chowk Chembur (East),
Mumbai – 400 071
Knowledge Marine & Engineering Works Ltd.
(BSE: 543273) (NSE: KMEW)
Commenting on Successful acquisition of Trailing Suction Hopper Dredger River
Pearl 48, Mr. Sujay Kewalramani, CEO of Knowledge Marine & Engineering Works
Ltd said that,
Completing the acquisition of River Pearl 48 is a major milestone in KMEW’s growth
journey. With a capital investment of approximately ₹250 crore and the potential to
dredge 8–10 million cubic metres annually, the vessel strengthens our capacity to
execute large-scale maintenance dredging assignments. Its immediate deployment
at New Mangalore Port will support our delivery commitments, while its capabilities
create a platform for KMEW to explore opportunities in the defence dredging market.
The vessel’s Indian flag, classification with the Indian Register of Shipping and 100%
Indian crew reflect our commitment to strengthening India’s maritime capabilities.
As KMEW grows, we will continue to train and employ Indian nationals, supporting
the development of skilled talent in the maritime sector.”
The acquisition reinforces KMEW’s focus on strengthening its marine asset base,
developing Indian maritime talent and building the capabilities required to
undertake larger and more technically demanding dredging projects.
About Knowledge Marine & Engineering Works Ltd:
Incorporated in 2015, KMEW is in the business of owning and operating Marine Crafts,
dredging, repair and maintenance/refits of Marine Crafts and Marine Infrastructure. The
Company provides multiple solutions of marine engineering including dredging at various
ports, carrying out repair and refit services of naval and merchant ships, conducting
hydrographic and magnetometer surveys and technical solutions for maintenance and
operations of vessels. Over the years, it has become an established player in the small
marine craft business segment and dredging services in India and have evolved from a
small ship-repair unit to a ship-owning Company. The company has a multi-million order
book from esteemed clients such as Ministry of External Affairs, Kolkata Port Trust,
Visakhapatnam Port Trust, Deendayal Port Trust, Paradip Port Trust, Dredging
Corporation of India and various other ports.
Safe Harbour
Any forward-looking statements about expected future events, financial and operating
results of the Company are based on certain assumptions which the Company does not
guarantee the fulfilment of. These statements are subject to risks and uncertainties.
Actual results might differ substantially or materially from those expressed or implied.
Important developments that could affect the Company’s operations include a downtrend
in the industry, global or domestic or both, significant changes in political and economic
Unit No. 706-707, The Epicentre, W. T. Patil Marg, Off Eastern Freeway, BEST Colony, Near Shivaji Chowk Chembur (East),
Mumbai – 400 071
Knowledge Marine & Engineering Works Ltd.
(BSE: 543273) (NSE: KMEW)
environment in India or key markets abroad, tax laws, litigation, labour relations,
exchange rate fluctuations, technological changes, investment and business income, cash
flow projections, interest, and other costs. The Company does not undertake any
obligation to update forward-looking statements to reflect events or circumstances after
the date thereof.
For further information, please contact:
Company:
Knowledge Marine & Engineering Works Limited
Kanak Kewalramani
Director & CFO
kanak@kmew.in
Unit No. 706-707, The Epicentre, W. T. Patil Marg, Off Eastern Freeway, BEST Colony, Near Shivaji Chowk Chembur (East),
Mumbai – 400 071