Knowledge Marine & Engineering Works Limited
Bank of India Mutual Fund disclosed a 1.22% stake in Knowledge Marine & Engineering Works Limited, holding 3,09,295 shares. The mutual fund's holding rose to 1.22% from under 1% in the previous period.
A dredging services provider incorporated in 2015, Knowledge Marine & Engineering Works operates and owns marine vessels for dredging operations across Indian waters and coastal regions. The company also offers comprehensive repair, maintenance, and refitting services for marine craft and infrastructure, serving ports, shipping clients, and maritime development projects. Its integrated business spans vessel ownership, dredging execution, and specialized marine infrastructure support services.
AMC subsidiary of Bank of India, one of India's oldest public sector banks founded in 1906. Manages over Rs 20,000 crore with a range of equity, debt and hybrid offerings. Distributes through Bank of India's 5,000+ branch network giving it reach into Tier 2 and Tier 3 cities that larger private AMCs find harder to access.