⚓ KMEW Bags ₹10.77 Cr Contract From DCIL — Will ‘River Pearl-1’ Sail the Stock Higher?

📌 At a glance:

  • Client: Dredging Corporation of India Ltd (DCIL)
  • Contract Size: ₹10.77 crore (inclusive of GST)
  • Duration: 3 years
  • Scope: Single beam & multi-beam surveys at Deendayal Port
  • Stock CMP: Notified under BSE: 543273 | NSE: KMEW

🛳️ About the Deal

On May 20, 2025, Knowledge Marine & Engineering Works Ltd (KMEW) informed exchanges that it received a ₹10.77 crore work order from DCIL

for:

  • Bathymetric survey services using hull/side mounted transducers
  • Deployment of a steel hull survey launch & dinghy boat
  • Operations at Deendayal Port Authority (DPA) over a 3-year period

The equipment of choice? Their trusted vessel: River Pearl – 1, which previously served Shyama Prasad Mookerjee Port (Kolkata) for 7 years.

🧾 Contract Details (as per SEBI

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