Dredging Corporation of India Ltd (DREDGECORP) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Dredging Corporation of India Ltd on NSE and BSE, with an AI summary of each filing.
DREDGING CORPORATION OF INDIA LIMITED has informed the Exchange about Board Meeting to be held on 10-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 .
Intimation · 10 Nov 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 10 Nov 2026, 5:30 am
Dredging Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/11/2026 ,inter alia, to consider and approve As Attached
Intimation · 10 Nov 2026, 5:30 am
Dredging Corporation of India Schedules Board Meeting for Q2 FY27 Results Dredging Corporation of India Limited has informed the exchanges that a meeting of its Board of Directors is scheduled for 10th Nov'26. The board will consider and approve the un-audited financial results of the company for the quarter and period ended 30th Sep'26, in compliance with Regulation 29(1)(a) of SEBI (LODR) Regulations, 2015.
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Change in Auditor · 26 Oct 2026, 11:02 pm
Dredging Corporation of India Appoints Grandhy & Co as Statutory Auditor The Comptroller and Auditor General of India (C&AG), vide letter dated 8th Sep'26, appointed M/s Grandhy & Co., Chartered Accountants, as the Statutory Auditor of Dredging Corporation of India Limited for FY26-27 under Section 139 of the Companies Act, 2013. The auditor formally accepted the assignment on 12th Sep'26 and notified the company on 26th Oct'26. The appointment remains subject to final consideration and approval by the company's Board of Directors, following which required regulatory disclosures will be submitted to the stock exchanges.
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Others (Uncategorized) · 09 Oct 2026, 4:22 pm
Dredging Corporation Confirms No Warrant Conversions For Quarter Ended Sep'26 Dredging Corporation of India Limited confirmed under Regulation 32(1) of SEBI (LODR) Regulations, 2015, that no new equity shares were allotted via conversion of convertible warrants during the quarter ended 30th Sep'26.
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Press Release · 25 Sept 2026, 10:10 pm
Dredging Corporation of India Returns to Profitability and Plans Fleet Expansion Dredging Corporation of India reported FY 2025–26 revenue from operations of ₹1,208.33 crore and turned profitable with a PAT of ₹4.75 crore versus a ₹27.46 crore loss last year, while operating margin expanded to 16.84% from 12.33%. DCI plans a ₹3,560 crore capex to acquire 11 dredgers over five years, supported by the upcoming induction of *DCI Dredge Godavari* in FY 2026–27. To fund growth, the company issued ₹111.48 crore NCDs to Cochin Shipyard and is deliberating a ₹1,000 crore rights issue.
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Annual General Meeting · 25 Sept 2026, 8:46 pm
Dredging Corporation Shareholders Approve All 50th AGM Resolutions Shareholders of Dredging Corporation of India approved all ordinary resolutions at the 50th AGM held on 24th Sep'26 with requisite majorities. Key approvals include the adoption of audited standalone financial statements for FY26 (99.9983% in favour), the re-appointment of Director Sushil Kumar Singh retiring by rotation (92.7095% in favour), and fixing Statutory Auditors' remuneration for FY27 (99.9983% in favour). Total valid votes cast across resolutions stood at 22,335,744, representing 79.77% of total voting capital, with promoter holding intact at 19.47%.
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Annual General Meeting · 24 Sept 2026, 9:53 pm
Dredging Corporation of India Concludes 50th Annual General Meeting Dredging Corporation of India Limited conducted its 50th AGM on 24th Sep'26 via video conferencing, chaired by Jasmeet Singh Bindra. Key ordinary business items tabled for shareholder approval included the adoption of audited standalone financial statements for the fiscal year ended 31st Mar'26, the reappointment of retiring director Sushil Kumar Singh, and the fixation of statutory auditor remuneration for FY26-27. Remote and AGM e-voting facilities were provided via KFin Technologies, with final voting results and the scrutinizer's report scheduled for submission on or before 26th Sep'26.
Appointment of Mr. Susanta Kumar Purohit
Change in Management · 15 Sept 2026, 5:08 pm
Dredging Corporation of India Appoints Susanta Kumar Purohit as Additional Director Dredging Corporation of India Limited has appointed Shri Susanta Kumar Purohit, IRSEE, as an Additional Director (Promoter – Non-Executive & Non-Independent), effective 14th Sep'26, following the submission of Form DIR-2. Purohit, a 1996-batch IRSEE officer and Chairperson of V.O. Chidambaranar Port Authority, currently holds additional charge as Chairman of Paradip Port Authority effective 1st Sep'26. His appointment is valid until the next AGM or approval via Postal Ballot within three months. He holds nil shares in the company.
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Press Release · 11 Sept 2026, 8:17 pm
Dredging Corporation of India Awarded Dredging Company of the Year 2026 Dredging Corporation of India Limited (DCIL) has been awarded the "Dredging Company of the Year" at The Economic Times Global Ports & Shipping Awards 2026, marking its Golden Jubilee milestone. Operating over five decades since 1976, DCIL has expanded its operational fleet from four to more than ten dredgers. The company continues to strengthen maritime infrastructure with strategic support from promoter ports, including Visakhapatnam Port Authority, Paradip Port Authority, Jawaharlal Nehru Port Authority, and Deendayal Port Authority, alongside the Ministry of Ports, Shipping and Waterways.
Appointment of Shri Susanta Kumar Purohit as an additional Director.
Change in Management · 04 Sept 2026, 8:31 pm
Dredging Corporation Appoints Susanta Kumar Purohit as Additional Director Dredging Corporation of India Limited approved the appointment of Shri Susanta Kumar Purohit, IRSEE, as Additional Director (Promoter, Non-Executive & Non-Independent), subject to DIN allotment and DIR-2 submission. Purohit currently serves as Chairperson of V.O. Chidambaranar Port Authority and assumed additional charge as Chairman of Paradip Port Authority effective 1st Sep'26. He replaces Shri P. L. Haranadh, who ceased to be a Director on 1st Sep'26. Purohit holds zero shares in the company and has no inter-se relation with existing board members.
Reg. 34 (1) Annual Report. As attached.
Others (Uncategorized) · 02 Sept 2026, 8:26 pm
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Annual General Meeting · 02 Sept 2026, 2:04 am
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Annual General Meeting · 02 Sept 2026, 12:49 am
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Annual General Meeting · 02 Sept 2026, 12:47 am
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Others (Uncategorized) · 02 Sept 2026, 12:44 am
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Annual General Meeting · 02 Sept 2026, 12:41 am
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Others (Uncategorized) · 01 Sept 2026, 9:53 pm
Dredging Corp: Paradip Port Authority Appoints Interim Chairman The Appointment Committee of the Cabinet has appointed Shri Susanta Kumar Purohit, IRTS, to hold the additional charge of Chairman for Paradip Port Authority. The appointment is effective from 01 Sep'26 and will last for six months, or until a new Chairman is appointed, whichever is earlier. He replaces Shri P. L. Haranadh, IRTS. Mr. Purohit also serves as Chairperson of V.O. Chidambaranar Port Authority. His appointment as a Director on Dredging Corporation's Board is subject to NRC/Board approval and will be intimated subsequently.
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Press Release · 05 Aug 2026, 5:19 pm
DCIL Reports Strong Q1 Turnaround, Returns to Profitability Dredging Corporation of India (DCIL) reported a significant turnaround for Q1 FY27, posting a Profit After Tax (PAT) of ₹11.24 crore versus a loss of ₹23.33 crore YoY. Operational income grew 46.73% YoY to ₹355.43 crore from ₹242.24 crore, driven by enhanced operational efficiency and fleet deployment. EBITDA increased to ₹61.86 crore from ₹46.90 crore in the corresponding prior-year quarter. The performance for the quarter ended 30 Jun'26 reflects a return to profitability and strong operational execution.
AS ATTACHED.
Outcome · 04 Aug 2026, 11:52 pm
Dredging Corporation of India Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) ■ Revenue: 35,543 (+46.7% YoY | -25.7% QoQ) ■ EBITDA: 6,187 (+31.9% YoY | -56.7% QoQ) ■ EBITDA Margin (%): 17.4 (-196 bps YoY | -1249 bps QoQ) ■ PAT: 1,124 (Loss to Profit YoY | -87.1% QoQ) ■ EPS (INR): 4.01 (Loss to Profit YoY | -88.4% QoQ)
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Others (Uncategorized) · 04 Aug 2026, 12:30 am
Invesco Mutual Fund Increases Stake in Dredging Corporation of India Invesco Mutual Fund acquired 80,029 equity shares of Dredging Corporation of India Ltd. via open market on 30 Jul '26, raising its aggregate holding. The acquisition increased Invesco's stake from 4.9215% (13,78,013 shares) to 5.2073% (14,58,042 shares). This represents a purchase of 0.2858% of the company's total paid-up equity capital. The disclosure was made to exchanges after market hours on 31 Jul '26, under SEBI (SAST) Regulations.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Invesco Mutual Fund
Acquisition/ Disposal of Shares · 01 Aug 2026, 6:37 pm
Invesco Mutual Fund Increases Stake in Dredging Corporation of India Invesco Mutual Fund increased its aggregate holding in Dredging Corporation of India via an open market purchase on Jul 30, '26. The fund acquired 80,029 equity shares, representing 0.2858% of the company's paid-up capital. Following the transaction, Invesco's total holding now stands at 14,58,042 shares, or 5.2073% of total equity, up from its prior stake of 4.9215%. The acquisition was carried out by four schemes: Invesco India Flexi Cap, Infrastructure, Multicap, and PSU Equity Fund.
Dredging Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/08/2026 ,inter alia, to consider and approve the un-audited ....
Intimation · 04 Aug 2026, 5:30 am
Dredging Corporation Board Meeting Set to Approve Q1FY27 Financial Results Dredging Corporation of India Ltd. (NSE: DREDGECORP, BSE: 523618) has scheduled a Board of Directors meeting for 4th Aug'26. The primary agenda is to consider and approve the company's un-audited financial results for the quarter ended 30th Jun'26. This announcement, dated 20th Jul'26, serves as a key upcoming catalyst for the stock, with market participants anticipating the release of its first-quarter performance data for the fiscal year.
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Others (Uncategorized) · 15 Jul 2026, 11:20 pm
Dredging Corporation of India Confirms No New Equity Allotment from Warrants Dredging Corporation of India Limited confirmed no new allotment of equity shares occurred from the conversion of convertible warrants during the quarter ended 30-Jun'26. This statement was made in compliance with Regulation 32(1) of SEBI (LODR) Regulations, 2015. The filing, dated 15-Jul'26, indicates no equity dilution from warrants in Q1, a key detail for shareholders assessing potential changes to the company's capital structure and earnings per share.
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Change in Management · 09 Jun 2026, 10:40 pm
Dredging Corp Appoints Jasmeet Singh Bindra as Chairman and Additional Director Dredging Corporation of India appointed Shri Jasmeet Singh Bindra as Chairman and Additional Director (Promoter – Non-Executive & Non-Independent), effective 09 Jun'26. Bindra, Chairman of Visakhapatnam Port Authority, replaces Dr. M. Angamuthu, who ceased to be Director & Chairman on 20 May'26. Bindra has nearly three decades of experience in the Indian Railways, covering logistics, commercial operations, and infrastructure. His appointment is subject to shareholder approval at the next AGM or via postal ballot.