Sensex
76,009.70 profit arw -479.26 (-0.63%)
Nifty
23,913.70 profit arw -118.00 (-0.49%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)

GET IN TOUCH

GET IN TOUCH


As on : 04-May-2026
Corporate News
04-May-2026     16:37


KMEW acquires 15 acres prime waterfront land at Saphale, Maharashtra

Knowledge Marine & Engineering Works (KMEW) announced the acquisition of ~15 acres of prime waterfront land (with an additional 5-acre expansion option) at Saphale, Palghar, Maharashtra. Executed through its subsidiary, Knowledge Shipyard, the acquisition marks a pivotal step in KMEW's evolution into a technology-driven, sustainable shipbuilding enterprise.

This development follows KMEW's recent entry into commercial shipbuilding and establishes a dedicated platform for scalable, future-ready maritime infrastructure.

Located along the Vaitarna River and in close proximity to the upcoming Vadhvan Port, the site offers strong multimodal connectivity and natural marine advantages, including: 

  • ~188m waterfront access
  • Natural slipway with ~6m high-tide draft
  • Robust river width enabling efficient vessel movement

INDIAN INDICES

Sensex

76,009.70 -479.26 (-0.63%)

Nifty

23,913.70 -118.00 (-0.49%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

25,599.46 -6.58(-0.03%)