Dredging Corporation of India Limited has disclosed the details of its related party transactions for the second half of the financial year ended March 31, 2026. The disclosure was made in compliance with Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reported transactions involving the sale of goods and services to various port authorities, all of which are classified as promoters.

The total value of transactions undertaken during the reporting period aggregated to ₹19,136.29 lakh. These transactions were conducted with four major port authorities: Visakhapatnam Port Authority, Paradeep Port Authority, Jawaharlal Nehru Port Authority, and Deendayal Port Authority. The audit committee had granted an omnibus approval for these transactions at the beginning of the financial year.

Breakdown of Transactions

The following table details the specific transactions with each related party during the period:

Financial Impact

The data indicates that the highest transaction value during the period was with Jawaharlal Nehru Port Authority, amounting to ₹9,440.21 lakh. In terms of outstanding balances, Paradeep Port Authority accounted for the highest closing balance of ₹6,147.31 lakh. The total closing balance of monies due from these related parties stood at ₹14,700.49 lakh as of March 31, 2026. The disclosure confirms that no loans, inter-corporate deposits, or investments were involved in these related party transactions.

Dredging Corporation of India Limited (DCIL) commissioned its 150 kW Solar Rooftop Plant at its Head Office in Visakhapatnam on May 7, 2026, marking a significant step in the company's transition towards sustainable energy. The plant was formally commissioned by the Managing Director & CEO, Captain S. Divakar. Implemented under the Government of India's PM Surya Ghar Yojana, the project underscores DCIL's commitment to reducing its carbon footprint while achieving long-term cost efficiency.

Solar Plant: Key Specifications and Energy Output

The newly commissioned solar rooftop plant carries an installed capacity of 150 kW. The following table summarises the plant's projected energy generation and financial savings:

These projections indicate a meaningful reduction in DCIL's dependence on conventional power sources, translating into both operational and financial benefits for the organisation.

Environmental Impact

Beyond financial savings, the solar plant is expected to deliver substantial environmental benefits. The project is projected to avoid approximately 220-240 tonnes of carbon dioxide emissions annually. To contextualise this impact:

• Equivalent to planting over 10,000 trees
• Equivalent to removing nearly 50 passenger vehicles from the roads each year

These figures highlight the project's meaningful contribution to environmental sustainability alongside its operational advantages.

Implementation and Key Stakeholders

This initiative is among the first projects undertaken in alignment with the guidelines of the Ministry of Ports, Shipping and Waterways. The key stakeholders involved in the project's execution are outlined below:

The project was executed in record time by Ledure Lightings Limited, reflecting effective coordination among all stakeholders involved.

Background and Leadership Statement

The solar plant was inaugurated earlier by the Hon'ble Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, on March 29, 2026, during DCIL's Golden Jubilee celebrations. Speaking on the occasion of commissioning, Captain S. Divakar stated that the commissioning of the solar plant reflects DCIL's forward-looking vision and its alignment with national priorities on renewable energy, while also delivering tangible financial and environmental benefits. DCIL has indicated it will continue to pursue such initiatives as part of its broader strategy to promote sustainability and enhance energy efficiency.