Bagging/Receiving of orders/contracts

KNOWLEDGE MARINE & ENGINEERING WORKS LIMITED Ship Builders, Repairers, Charterers and Marine Contractors CIN: L74120MH2015PLC269596 Ref: KMEW/BSE/Reg-30/2026-27/12 Date: June 20, 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 Dear Sir/Ma’am, Scrip Code Symbol ISIN 543273 KMEW INE0CJD01029 Sub: Intimation under Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) – Receipt of Work Order from Inland Waterways Authority of India (“IWAI”) Pursuant to Regulation 30 read with Schedule III of the Listing Regulations, we are pleased to inform you that Knowledge Marine & Engineering Works Limited (“KMEW”) in consortium with Knowledge Shipyard Private Limited (KSPL) (subsidiary of Knowledge Marine & Engineering Works Limited) has received a Work Order from Inland Waterways Authority of India (IWAI) for the Design, Construction, Supply, Testing and Commissioning of 10 Hybrid Electric Passenger Ferries (“Ferries) having a capacity of 20 Passengers each along with maintenance and support commitment for the said Ferries. The said work order is valued at ₹ ₹66.11 Crores (Rupees Sixty-Six Crores and Eleven Lakhs) consisting of ₹ 65.52 Crores including taxes for construction of ferries and ₹ 0.59 Crores including taxes for maintenance and support. The Design, Construction, Supply, Testing and Commissioning is to be completed within 10 months receipt of work order, followed by a 60-month maintenance and support commitment for the said Ferries. Please find attached a copy of the Press Release with respect to same as “Annexure – A”. The details and information as required under Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 and last updated on January 30, 2026 are annexed to this letter. 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 R ELEASE KMEW Secures ₹66.11 Crore IWAI Contract for 10 Hybrid Electric Passenger Ferries; Marks Strategic Entry into India's Green Shipbuilding Segment Mumbai, June 20, 2026: Knowledge Marine & Engineering Works Limited ("KMEW") (BSE: 543273 | NSE: KMEW) is pleased to announce that a consortium comprising Knowledge Shipyard Private Limited ("KSPL"), as Lead Partner, and Knowledge Marine & Engineering Works Limited, has received a prestigious contract from the Inland Waterways Authority of India ("IWAI"), Ministry of Ports, Shipping and Waterways, Government of India, for the Design, Construction, Supply, Testing and Commissioning of 10 Hybrid Electric Passenger Ferries having a capacity of 20 passengers each. The contract carries an aggregate value of ₹66.11 Crores including applicable taxes (65.52 Crores including applicable taxes for construction of ferries and 0.59 Crores including applicable taxes for maintenance and support) and is scheduled to be executed over a period of 10 months, followed by a 60-month maintenance and support commitment, enabling the Group to establish a long-term engagement with a marquee Government client. The award marks a significant strategic milestone for the KMEW Group and represents the first external commercial shipbuilding order secured by Knowledge Shipyard Private Limited, validating the Group's investments towards creating a dedicated, scalable and future-ready shipbuilding platform. Particulars Details Client Inland Waterways Authority of India (IWAI) Contract Value ₹66.11 Crores (including applicable taxes) Scope Design, Construction, Supply, Testing & Commissioning Number of Vessels 10 Hybrid Electric Passenger Ferries Passenger Capacity 20 Passengers per Ferry Execution Period 10 Months for construction of Ferries Maintenance Support 60 Months Strategic Significance First External Commercial Government Order for KSPL Sector Theme Green Maritime Infrastructure Growth Vertical Sustainable Vessel Manufacturing Strengthening KMEW's Integrated Maritime Platform The project broadens KMEW's business portfolio and strengthens its transition from a marine services and vessel operations company into an integrated maritime infrastructure and shipbuilding enterprise. The scope of work includes detailed vessel engineering, class approvals, construction, integration of hybrid-electric propulsion systems, navigation and 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) safety equipment, testing, commissioning and final delivery in accordance with IWAI's technical, statutory and quality requirements. The award is aligned with the Government of India's initiatives aimed at accelerating sustainable inland water transportation and complements policy efforts promoting low-emission and energy-efficient vessels under the Harit Nauka – Inland Vessels Green Transition Guidelines. As India continues to invest in cleaner waterways, multimodal connectivity and environmentally responsible transport infrastructure, KMEW believes specialised vessel manufacturing presents a compelling long-term growth opportunity. Successful execution of this project is expected to strengthen the Group's credentials in hybrid and electric vessel construction and establish an important execution benchmark for future opportunities in inland water transport, passenger ferries, harbour crafts, tourism vessels, workboats and other specialised marine assets. A Defining Milestone for Knowledge Shipyard Private Limited This contract assumes additional significance as it represents the first external commercial shipbuilding order from Government of India, secured by Knowledge Shipyard Private Limited (KSPL) as the lead member of the consortium since the establishment of KMEW's dedicated shipbuilding platform. It clearly demonstrates the confidence of the Inland Waterway Authority of India in the execution strength of KMEW Group. The award validates the Group's strategic vision of creating a focused and scalable shipbuilding subsidiary capable of participating in India's growing demand for technologically advanced and sustainable vessels. With KSPL leading the consortium, the project will serve as an important reference point for demonstrating capabilities in commercial shipbuilding, particularly within the emerging green vessel segment. KMEW's established marine engineering expertise, vessel operations experience and execution capabilities will further support the consortium in delivering the project within stipulated timelines and in accordance with IWAI's stringent technical requirements. Management Commentary Mr. Sujay Kewalramani, Chief Executive Officer, Knowledge Marine & Engineering Works Limited, said: "This award represents an important strategic milestone in the evolution of the KMEW Group and validates our long-term vision of building a differentiated and scalable shipbuilding platform through Knowledge Shipyard Private Limited. 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) The project provides us with an opportunity to participate meaningfully in India's transition towards sustainable inland water transportation a [Showing first 8,000 characters — download PDF for full document]