Dredging Corporation of India Limited has closed its trading window effective October 1, 2026. The restriction applies until 48 hours after the announcement of financial results for the quarter ended September 30, 2026.

This action is taken pursuant to the SEBI (Prohibition of Insider Trading) Regulations and the company's internal code for the prevention of insider trading in securities. The closure ensures that designated persons do not trade during the sensitive period preceding the release of quarterly performance data.

Compliance and regulatory framework

The company informed the National Stock Exchange of India and the Bombay Stock Exchange of this development on September 24, 2026. The notice was signed by P Chandra Kalabhinetri, Company Secretary, confirming adherence to listing compliance requirements regarding insider trading prevention.

Key details of the trading window closure

The trading window remains closed for all designated persons and connected persons as defined under the company's code of conduct. Normal trading activities by insiders can resume only after the stipulated 48-hour period following the public disclosure of the Q2FY27 financial results.

Dredging Corporation of India Limited held its 50th Annual General Meeting on September 24, 2026, through video conferencing. Shareholders adopted the audited standalone financial statements for the fiscal year ended March 31, 2026.

The meeting was chaired by Jasmeet Singh Bindra, IRTS, Chairman of the company. All members of the Board of Directors attended, including the chairpersons of the Audit, Nomination and Remuneration, Stakeholder Relationship, and Risk Management Committees. Representatives from the joint statutory auditors, secretarial auditor, and scrutinizer were also present.

Key Resolutions Passed

The members considered and approved several ordinary resolutions as outlined in the notice dated September 1, 2026:

The Chairman addressed shareholders regarding the company's outlook, performance, new initiatives, and the status of ongoing dredging assignments. The Chief Financial Officer and General Manager (Business Development) responded to queries concerning operations and financial performance.

Voting and Compliance

E-voting facilities were provided by KFin Technologies Limited, commencing on September 21, 2026, and ending on September 23, 2026. Members who did not vote remotely could vote during the AGM. Sachin Agarwal, Partner at Agarwal S. & Associates, served as the scrutinizer to ensure a fair voting process.

The results of the e-voting, including the scrutinizer's report, are scheduled to be available on the company's website and stock exchange platforms on or before September 26, 2026. The meeting concluded at 12:31 pm.