ETMarkets SME Talk: Multibagger SME stock! This marine engineer who believed in India Dream took company from Rs 50 cr-Rs 1500 cr
We were bidding for larger value orders. During the last 2 years we secured the order from Ministry of External Affairs (MEA) for dredging at Sittwe Port, Myanmar for an amount of Rs. 117 Cr and Rock Dredging at Mangrol Fishing Harbour from Dredging Corporation of India at an order value of Rs. 67 Cr.
DREDGING CORPORATION OF INDIA LTD. - 523618 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
DCI/CS/E.1/2023/ 01/05/2023 Listing Compliance Bombay Stock Exchange Limited Floor 1, Phiroze Jeejeebhoy Towers, Fort, Mumbai -400001 Scrip code : 523618 Listing Compliance The National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G Bandra Kurla Complex, Bandra (E) , Mumbai - 400051 Symbol : DREDGECORP The Secretary The Calcutta Stock Exchange Assn. Ltd. 7, Lyons Range, Kolkata - 700001 Scrip Code : 14050 Dear Sir, SUB: PRESS RELEASE Please find enclosed a copy of the press release issued on 01/05/2023. DREDGING CORPORATION OF INDIA LTD. - 523618 - Disclosure Of Voting Results Of The 1St Exordinary General Meeting Of The Company Held From 24.04.2023 To 26.04.2023 As Per The Requirements Of Regulation 44 (3) Of SEBI (LODR) Regulations, 2015 Under Regulation 30
Pursuant to provisions of Section 108 of the Companies Act, 2013, read with Companies (Management and Administration) Rules, 2014, the company had provided remote e-voting facility to the members entitled to cast their vote at the 1st Exordinary General Meeting (EGM) of the Company for F.Y. 2023-24. The remote e-voting process was carried out by the Company from 9.00 AM on 24.04.2023 to 5.00 PM on 26.04.2023 with cut off date for determining the shareholders being 20.04.2023 The consolidated voting results in the prescribed format as per Regulation 44 (3) of the SEBI (LODR) Regulations, 2015 and consolidated report of the scrutinizer dated 28.04.2023 are enclosed herewith. Based on the consolidated report of the scrutinizer, the following resolutions have been duly approved by the shareholders with the requisite majority. DREDGING CORPORATION OF INDIA LTD. - 523618 - Copy Of Proceedings Of 1St Extra-Ordinary General Meeting (EGM) For The Financial Year 2023-24 Held On 27/04/2023 - Reg.
Dear Madam/Sir, Sub: Copy of proceedings of 1st Extra-Ordinary General Meeting (EGM) for the Financial Year 2023-24 held on 27/04/2023 - Reg. Pursuant to Regulation 30 read with Schedule III, Part A of SEBI LODR Regulations, 2015. Please find enclosed a copy of proceedings of the 1st Extra-Ordinary General Meeting (EGM) for the Financial Year 2023-24 held on 27/04/2023. DREDGING CORPORATION OF INDIA LTD. - 523618 - Removal Of Shri GYV Victor, MD & CEO
Removal of Shri GYV Victor, MD & CEO DREDGING CORPORATION OF INDIA LTD. - 523618 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyDREDGING CORPORATION OF INDIA LTD. 2CIN NO.L29222DL1976PLC008129 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 248.91 4Highest Credit Rating during the previous FY A+ 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)BRICKWORK RATINGS INDIA PRIVATE LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: P CHANDRA KALABHINETRI Designation: COMPANY SECRETARY EmailId: [email protected] Name of the Chief Financial Officer: KRAJESH Designation: CHIEF FINANCIAL OFFICER EmailId: [email protected] Date: 21/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. DREDGING CORPORATION OF INDIA LTD. - 523618 - Statement Of Material Deviation (In Compliance With Regulation 32 (1) Of SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015)
Dear Sir, Pursuant to Regulation 32 (1) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, it is hereby confirmed that the proceeds of the issue of the Tax free bonds (Non-Convertible debt securities) issued by the Company in the year 2013 amounting 58.88 Crs. have been solely and fully utilized for the objects stated in the offer documents and that there is no material deviation in the use of the proceeds of the issue of the said Tax free bonds (Non-Convertible debt securities) from the objects stated in the offer documents. 2. The Company has made Annual Interest Payment along with principal amount of ?63,01,67,156/- (Rupees Sixty Three Crores One lakh Sixty Seven Thousand one Hundred and Fifty Six only) on due date i.e. 28th March, 2023, to the eligible bondholder as per the record date 3. This may please be treated as information submitted to Stock Exchanges of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. DREDGING CORPORATION OF INDIA LTD. - 523618 - Certificate Under Regulation 40 (9) Of The Listing Regulations
Dear Sir, Sub: Certificate under Regulation 40 (9) of the Listing Regulations - Reg. Pursuant of Regulation No.40 (9) of the Listing Regulations, 2015 please find enclosed a Certificate certified by M/s. Agarwal S. & Associates, Company Secretaries in Practice for the year ended 31/03/2023. Thanking you. DREDGING CORPORATION OF INDIA LTD. - 523618 - Announcement under Regulation 30 (LODR)-Credit Rating
Dear Sir, Sub : Intimation of withdrawal of Credit Rating Agencies pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 .. Ref : (i) Care Edge letter dated : April'2023 (ii) Brickwork Ratings India Pvt Limited letter dated: 18.04.2023 We wish to inform you that the following Rating Agencies have submitted the Withdrawal Rating Letters for the Tax Free Bonds of Rs. 58.88 Crs of the Company. The Tax Free Bonds have been fully redeemed on the due date 28.03.2023. Sl.No Name of Rating Agency Rating 1 M/s.Care Edge Ratings CARE BBB+; Negative Withdrawn 2 M/s. Brickwork Ratings India Pvt Limited BWR A+ / Negative 2. The withdrawing letters of the Credit Rating Agencies are enclosed herewith 3. This may please be treated as information submitted to Stock Exchanges as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. DREDGING CORPORATION OF INDIA LTD. - 523618 - Compliance Certificate Under Regulation 7 (3) Of SEBI LODR Regulations, 2015
Dear Sir, Sub : Compliance Certificate under Regulation 7 (3) of SEBI LODR Regulations, 2015. Pursuant to Regulation 7 (3) of SEBI LODR Regulations, 2015. Please find enclosed the Compliance Certificate for the year ended 31/03/2023.