Capt S Divakar appointed Managing Director and CEO on additional charge

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DREDGECORP · price

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Price reactionminutes from the announcement price · days from the prior close

-1.9%Reaction day

₹622.00

prior close

₹620.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-1.4% vs market

Services peers, median of 305sector · sector level-0.8%-1.2% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 1.2 pts less than its Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-1.9-0.5-1.4-0.8-1.2

Next day

-4.4-1.7-2.7-1.6-2.7

-2.5-0.7-1.8-1.3-1.2

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-3.3-0.7-2.7-1.6-1.7

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+1.3+0.9+0.4-0.9+2.2

15d

+44.0+1.4+42.6-1.3+45.3

+24.3+0.3+24.0-2.4+26.7

+69.7-4.5+74.2-8.6+78.3

+77.7-7.4+85.1-12.3+89.9

UpDownMarket · Nifty Microcap 250Sector · Services peers, median of 305Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board appointed Capt S Divakar, the company's chief general manager, as Managing Director and CEO on additional charge from 16 October 2025. He will also be an additional director. The term lasts until a regular incumbent takes over, for six months, or until further orders, whichever is earlier. Divakar joined DCI in 1987 and has extensive dredging and management experience. He follows Durgesh Kumar Dubey, whose tenure ended on 15 October 2025.

Likely market impact

An internal appointment supports leadership continuity. The interim role may end when a permanent CEO is named; no financial terms were disclosed.