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Dredging Corporation of India Limited ( (IN:DREDGECORP) ) has provided an announcement.
Dredging Corporation of India Limited has notified stock exchanges that its Board has appointed Shri Gaurav Dayal, IAS, as an Additional Director in the capacity of promoter, non-executive and non-independent director with effect from 7 November 2025. As the next annual general meeting is not scheduled in the near term, the company will seek shareholders’ approval for his regular appointment as director via a postal ballot process, in line with regulatory disclosure requirements, signaling ongoing adjustments in its board composition under promoter representation.
More about Dredging Corporation of India Limited
Dredging Corporation of India Limited is a government-promoted enterprise operating in the maritime infrastructure and dredging services sector, providing capital and maintenance dredging for ports, waterways and related marine projects across India. The company plays a strategic role in supporting port operations and coastal infrastructure, serving both public sector and commercial clients in the domestic market.
Average Trading Volume: 41,051
Technical Sentiment Signal: Buy
Current Market Cap: 27.32B INR
For an in-depth examination of DREDGECORP stock, go to TipRanks’ Overview page.