12:25 PM, 21st Aug 2023
Pursuant to Regulation 30 SEBI (LODR) 2015 we are pleased to inform that Knowledge Dredging Co. W.L.L Bahrain (subsidiary Company of Knowledge Marine & Engineering Works Limited India) has received four different letters of Intent (LOI) from four different sand buyers for a cumulative amount of Rs. 15.45 Million Bahrain Dinar (approx. Rs. 342.06 Crores Exchange rate 1BD=Rs. 221.40) for a firm period of 5 years. This work shall commence from Q3 Fy 2023-24.