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Dredging Corporation of India share news and announcements

NSE: DREDGECORPBSE: 523618Engineering ServicesSmall Cap

Last close ₹802.20down ₹16.05 (1.96%)BSE ₹803.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹818.25.

52-week range of traded prices to 23 Oct 2026
₹617.85Low, 27 Oct 2025₹1,286.00High, 4 Jun 2026
Market cap
₹2,246 Cr1,006th largest listed
P/E
57.1
P/B
1.8
Dividend yield
Nonein the last 12 months
ROE
3.2%
ROCE
4.4%
Debt to equity
0.88
Volume, NSE
1,68,56839.3% delivered

Dredging Corporation of India share news and announcements

758 announcements, routine notices left out, newest first. Page 10 of 16.

  1. Mar 2019

  2. Feb 2019

  3. Jan 2019

    • 30 Jan · Legal

      Intimation under Regulation-30 of SEBI (LODR) Regulations, 2015 (opens in a new tab)

    • 21 Jan · Board meeting

      To consider and approve the financial results for the period ended December 31, 2018 (opens in a new tab)

    • 2 Jan · Updates

      Clarification with regard to strategic disinvestment (opens in a new tab)

    • 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

    • 1 Jan · Legal

      Significant increase in volume 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 submitted their response. (opens in a new tab)

      The exchange asked on 31 Dec 2018

  4. Dec 2018

  5. Nov 2018

  6. Oct 2018

  7. Sep 2018

  8. Aug 2018

  9. Jul 2018

  10. Jun 2018

  11. May 2018

  12. Apr 2018

  13. Mar 2018

  14. Feb 2018

  15. Jan 2018

  16. Dec 2017