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Dredging Corporation of India share news, announcements and annual reports

NSE: DREDGECORPBSE: 523618Engineering ServicesSmall Cap

Dredging Corporation of India Limited · Face value ₹10 · Listed Dec 1992 on BSE, Jan 2004 on NSE
Last close ₹817.25down ₹23.45 (2.79%)BSE ₹817.60

Share price at the NSE close on 30 Oct 2026. Previous close ₹840.70.

30 Oct: open ₹843.95, high ₹857.00, low ₹813.95

52-week range of traded prices to 30 Oct 2026
₹722.00Low, 30 Oct 2025₹1,286.00High, 4 Jun 2026
Market cap
₹2,288 Cr1,006th largest listed
P/E
58.17
P/B
1.86
Dividend yield
Nonein the last 12 months
ROE
3.2%
ROCE
4.4%
Debt to equity
0.88
Volume, NSE
32,23955.2% delivered

Dredging Corporation of India disputes and clarifications

49 filed, newest first.

  1. Sep 2025

  2. Jan 2024

  3. Aug 2023

  4. Dec 2022

  5. Nov 2022

    • 22 Nov · Legal

      Exchange has sought clarification from Dredging Corporation of India Limited with respect to Financial Results dated 10-Nov-2022 for the period Sep, 2022On the basis of aforesaid disclosure, the Listed entity is required to clarify the following:Standalone: Statement of Assets and Liabilities - Not foundThe response of the company is awaited
  6. Oct 2022

  7. Jul 2022

    • 18 Jul · Legal

      Exchange has sought clarification from Dredging Corporation of India Limited with respect to announcement dated 15-Jul-2022 informing about the appointment of Managing Director & CEO.On the basis of aforesaid announcement, the Company is required to provide/clarify the following:Change in directors, key managerial personnel (Managing Director, Chief Executive Officer, Chief Financial Officer, Company Secretary etc.), Auditor and Compliance Officer: 1. Affirmation that the Director being appointed is not debarred from holding the office of director by virtue of any SEBI order or any other such authority The response of the company is awaited.
  8. Jul 2021

  9. Jun 2021

  10. Aug 2020

  11. Jun 2020

    • 17 Jun · Legal

      Exchange has sought clarification from Dredging Corporation of India Limited with respect to announcement dated 15-Jun-2020, regarding Designation of Shri Sumiran Bansal, Chief General Manager (Finance) as the Chief Financial Officer (CFO) of the Company w.e.f 15/06/2020.On basis of above the Company is required to clarify following:1. Brief profile (in case of appointment)The response of the Company is awaited.
  12. Nov 2019

  13. Jun 2019

  14. May 2019

  15. Feb 2019

  16. Jan 2019

    • 2 Jan · Legal

      Company has informed about:Additionally, in case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.-The envisaged transaction is proposed to be completed by transferring 100% shares held by the Government of India in DCIL ( to the tune of 73.47%) to the 4 identified ports. Accordingly, the current transaction does not envisage a slump sale. Hence, the disclosures pertaining to the Slump Sale transaction are not required to be made in the present case. 2. Whether the transaction would fall within related party transactions? If yes, whether the same is done at "arm's length"; - DCIL is a CPSE under the administrative control of the Ministry of Shipping, Government of India. The proposed acquirers i.e. Vishakhapatnam Port Trust (as the consortium leader), Paradip Port Trust, Jawaharlal Nehru Port Trust and Kandla Port Trust (now Deendayal Port Trust) are Port Trusts constituted under the Major Port Trusts Act, 1963 ( MPTA). As per the preamble of the MTPA, the administration, control and management of the aforesaid ports are vested with the Board of trustees constituted under the provisions of the MTPA. Further, none of the related party tests prescribed under Section 2(76) of the Companies Act, 2013 is fulfilled vis- -vis DCIL and the proposed acquirers port trusts. In addition, none of the Directors of DCIL is a trustee on the Board of Trustees of the aforesaid Port Trusts. Due to the aforesaid reasons the proposed transaction should not qualify as a related party transaction. 3. Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof. The Buyers in the present transaction are the 4 ports, namely - Vishakhapatnam Port Trust (as the consortium leader), Paradip Port Trust, Jawaharlal Nehru Port Trust and Kandla Port Trust (now Deendayal Port Trust). Visakhapatnam Port Trust would lead the consortium for the acquisition of the shares of DCIL. The brief description of the 4 ports is attached. The buyers do not belong to the Promoter / promoter group / group companies. As per sub-section 69 of section 2 of the Companies Act 2013, Promoter means a person: i. Who has been named as such in a prospectus or is identified by the company in the annual return referred to in Section 92; OR ii. Who has control over the affairs of the company, directly or indirectly, whether as a Shareholder, director or otherwise; OR iii. In accordance with whose advice, directions or instructions the Board of Directors of the company is accustomed to actProvided that nothing in sub-clause (iii) shall apply to a person who is acting merely in a professional capacity The extant provisions of the Companies Act, 2013 are not applicable to the present case as none of the provisions of section 69 (2) are fulfilledSimilarly, according to clause (A) & (B) of sub-regulation 1 of regulation 2 of the SEBI (ICDR) Regulations, 2009, defines (A) Promoter as: i. the person or persons who are in control of the issuer; ii. the person or persons who are instrumental in the formulation of a plan or programme pursuant to which specified securities are offered to public; iii. the person or persons named in the offer document as promoters:(B) Promoter Group includes: i. the Promoter; ii. an immediate relative of the promoter (i.e., any spouse of that person, or any parent, brother, sister or child of the person or of the spouse; and iii. in case promoter is a body corporate:a) a subsidiary or holding company of such body corporateb) any
    • 2 Jan · Legal

      Company has informed about:Additionally, in case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.-The envisaged transaction is proposed to be completed by transferring 100% shares held by the Government of India in DCIL ( to the tune of 73.47%) to the 4 identified ports. Accordingly, the current transaction does not envisage a slump sale. Hence, the disclosures pertaining to the Slump Sale transaction are not required to be made in the present case. 2. Whether the transaction would fall within related party transactions? If yes, whether the same is done at "arm's length"; - DCIL is a CPSE under the administrative control of the Ministry of Shipping, Government of India. The proposed acquirers i.e. Vishakhapatnam Port Trust (as the consortium leader), Paradip Port Trust, Jawaharlal Nehru Port Trust and Kandla Port Trust (now Deendayal Port Trust) are Port Trusts constituted under the Major Port Trusts Act, 1963 ( MPTA). As per the preamble of the MTPA, the administration, control and management of the aforesaid ports are vested with the Board of trustees constituted under the provisions of the MTPA. Further, none of the related party tests prescribed under Section 2(76) of the Companies Act, 2013 is fulfilled vis- -vis DCIL and the proposed acquirers port trusts. In addition, none of the Directors of DCIL is a trustee on the Board of Trustees of the aforesaid Port Trusts. Due to the aforesaid reasons the proposed transaction should not qualify as a related party transaction. 3. Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof. The Buyers in the present transaction are the 4 ports, namely - Vishakhapatnam Port Trust (as the consortium leader), Paradip Port Trust, Jawaharlal Nehru Port Trust and Kandla Port Trust (now Deendayal Port Trust). Visakhapatnam Port Trust would lead the consortium for the acquisition of the shares of DCIL. The brief description of the 4 ports is attached. The buyers do not belong to the Promoter / promoter group / group companies. As per sub-section 69 of section 2 of the Companies Act 2013, Promoter means a person: i. Who has been named as such in a prospectus or is identified by the company in the annual return referred to in Section 92; OR ii. Who has control over the affairs of the company, directly or indirectly, whether as a Shareholder, director or otherwise; OR iii. In accordance with whose advice, directions or instructions the Board of Directors of the company is accustomed to actProvided that nothing in sub-clause (iii) shall apply to a person who is acting merely in a professional capacity The extant provisions of the Companies Act, 2013 are not applicable to the present case as none of the provisions of section 69 (2) are fulfilledSimilarly, according to clause (A) & (B) of sub-regulation 1 of regulation 2 of the SEBI (ICDR) Regulations, 2009, defines (A) Promoter as: i. the person or persons who are in control of the issuer; ii. the person or persons who are instrumental in the formulation of a plan or programme pursuant to which specified securities are offered to public; iii. the person or persons named in the offer document as promoters:(B) Promoter Group includes: i. the Promoter; ii. an immediate relative of the promoter (i.e., any spouse of that person, or any parent, brother, sister or child of the person or of the spouse; and iii. in case promoter is a body corporate:a) a subsidiary or holding company of such body corporateb) any
  17. Nov 2018

  18. Aug 2018

  19. Jun 2018

  20. May 2018

    • 29 May · Legal

      Exchange has sought clarification from Dredging Corporation of India Limited with respect to Non-compliance as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Standalone Balance sheet statement not submitted -2. Financial results not signed by authorized signatory/ies -3. The company has not submitted the Statement of Modified Opinion or in case of unmodified opinion(s), a declaration to that effect to the Stock Exchange. The response of the Company is awaited.
  21. Mar 2018

  22. Feb 2018

  23. Sep 2017

  24. Jun 2017

  25. Mar 2017

  26. Jan 2017

  27. Oct 2016

  28. Mar 2016

  29. Apr 2014

    • 15 Apr · Legal

      Spurt in Volume : Substantial increase in trading volumes have been observed in Dredging Corporation of India Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Dredging Corporation of India Limited has vide its letter inter-alia stated, " There is no information / announcement which in our opinion may have a bearing on the price / volume behaviour in the scrip."
  30. Aug 2013

    • 12 Aug · Legal

      Price movement : Significant price movement has been observed in Dredging Corporation of India Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Dredging Corporation of India Limited has vide its letter inter-alia stated, "There is no information / announcement which in our opinion may have a bearing on the price / volume behaviour in the SCRIP."