Dredging Corporation of India appointed Susanta Kumar Purohit as an additional director. The board also noted the cessation of P. L. Haranadh effective September 1, 2026.

The appointment follows a recommendation by the Nomination and Remuneration Committee. It was approved through resolution by circulation under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Board Approval Details

Purohit holds the additional charge of Chairman at Paradip Port Authority. His appointment as an additional director is subject to obtaining a Director Identification Number or submitting consent in Form DIR-2.

The role is classified as Promoter – Non-Executive & Non-Independent. The appointment continues until the next Annual General Meeting or via postal ballot within three months.

Director Profile

Purohit brings extensive experience in infrastructure development and public-sector management. He previously served as Joint Secretary in the Department of Chemicals & Petrochemicals.

Dredging Corporation of India has submitted its annual report for the fiscal year 2025-26 to the Bombay Stock Exchange and the National Stock Exchange of India. The filing was made pursuant to Regulation 34(1) of the SEBI Listing Regulations.

The submission was confirmed by P. Chandra Kalabhinetri, Company Secretary, in a letter dated September 1, 2026. The document outlines the company’s compliance with statutory reporting requirements for the period.

Regulatory Compliance

The company adhered to the mandatory disclosure norms set by the Securities and Exchange Board of India. The annual report covers the financial performance and operational updates for FY26.

Corporate Details

Dredging Corporation of India Limited is headquartered in Visakhapatnam. The registered office is located in Delhi. The company continues to operate under its existing corporate structure as it marks its 50th anniversary.