Dredging Corporation Confirms Independent Director Appointment Effective March 18

Dredging Corporation of India Limited has confirmed that the appointment of Shri Devendra Kumar Pathak, IPS (Retd.), as Additional Non-Executive Independent Director is now effective from March 18, 2026. The appointment was initially approved by the company's Nomination and Remuneration Committee and Board of Directors through circulation of resolution on March 16, 2026.

Appointment Confirmation

The company has informed stock exchanges that upon fulfillment of all requirements under the Companies Act, 2013, including receipt of consent in Form DIR-2, possession of a valid Director Identification Number (DIN), and registration with the Indian Institute of Corporate Affairs (IICA), the effective date of appointment has been confirmed as March 18, 2026.

Parameter:	Details
Name:	Shri Devendra Kumar Pathak, IPS (Retd.)
Position:	Additional Non-Executive Independent Director
Board Approval Date:	March 16, 2026
Effective Date:	March 18, 2026
Term:	Three consecutive years
Date of Birth:	March 1, 1956
Shareholding:	NIL

Professional Background

Pathak joined the Indian Police Service in 1979 and was allotted the Assam-Meghalaya cadre. During his distinguished career, he served as Superintendent of Police in four districts across Assam and Meghalaya, commanding a Police Range in insurgency-prone areas for four consecutive years.

A significant portion of his career was spent as Chief Vigilance Officer of Oil India Limited, a Navaratna Public Sector Undertaking under the Ministry of Petroleum & Natural Gas, Government of India. He served in this capacity from July 1997 to July 2003, with his initial five-year term extended by one year.

Key Career Highlights

Pathak's career includes several notable achievements and responsibilities:

Served as Inspector General in Srinagar, playing a crucial role in combating militancy while maintaining human rights standards
Distinguished himself by raising the elite CRPF Anti-LWE Force "CoBRA" (Commando Battalion for Resolute Action)
Extensive experience in conducting departmental inquiries in various capacities including Inquiry Officer, Presenting Officer, Disciplinary Authority, and Appellate Authority
Managed serious law and order situations without human rights violations

Regulatory Compliance

The appointment follows regulatory compliance requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment requires formal approval at the next General Meeting, which will be called within three months from the Board's approval date. The company has disclosed that Pathak is not related to any existing Director or Officer of the company and holds no shares in Dredging Corporation of India Limited.

This appointment strengthens the company's board composition with independent oversight and brings valuable experience from the public sector and law enforcement domains to the organization's governance structure.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.83%	-1.32%	-11.22%	+34.96%	+45.57%	+120.27%

Dredging Corporation of India Limited has confirmed that the appointment of Mrs. Krishna Das as Additional Director (Non-Executive Independent) has become effective from March 9, 2026, following completion of all required regulatory formalities. The company initially announced the board approval through a resolution dated March 2, 2026, and has now notified stock exchanges of the appointment's effectiveness.

Appointment Confirmation and Timeline

The company has provided updated details regarding the appointment process and effective date:

Parameter:	Details
Board Approval Date:	March 2, 2026
Effective Date:	March 9, 2026
Nature of Directorship:	Non-Executive Independent
Term Duration:	Three consecutive years
Interim Period:	Until next General Meeting (within 3 months)
Shareholding:	NIL

The appointment became effective after fulfillment of required formalities including taking charge as Director, consent as per Form DIR-2, having an active Director Identification Number, and registration with the Indian Institute of Corporate Affairs as per Companies Act provisions.

Director Profile and Qualifications

Mrs. Krishna Das brings substantial expertise to the board with her comprehensive background in legal and administrative roles:

Qualification:	Details
Date of Birth:	April 7, 1984
Experience:	Over 15 years
Previous Role:	Former Chairman, Assam State Social Welfare Board
Expertise Areas:	Labor Law, Constitutional Law, Regulatory Compliance
Relationship to Company:	No direct or indirect relationship to any Director or Officer

Her professional background encompasses governance, welfare administration, and legal education, with a proven track record in high-level administrative oversight and dedication to social inclusion, corporate ethics, and strategic policy development.

Regulatory Compliance and Next Steps

The appointment follows proper regulatory procedures under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both Bombay Stock Exchange Limited and National Stock Exchange of India Ltd. as required under Regulation 30.

Exchange:	Details
Bombay Stock Exchange:	Scrip code 523618
National Stock Exchange:	Symbol DREDGECORP
Compliance Date:	March 9, 2026
Reference Letter:	DCIL letter dated March 3, 2026

The board will convene the next General Meeting within three months from the approval date to seek formal approval from shareholders for Mrs. Das's regular appointment as Independent Non-executive Director. This procedural step will formalize her position for the full three-year term as outlined in the board resolution, strengthening the company's board composition with independent oversight and valuable legal and governance expertise.