CFO Mrs. P. Uma Gandhi resigns citing personal reasons

Cfo ResignedManagement Changes View source PDF Explain this filing

DREDGECORP · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+2.6%Reaction day

₹975.00

prior close

₹1022.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+3.1% vs market

Services peers, median of 326sector · sector level-0.4%+2.9% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 2.9 pts more 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

-0.2

10m

-0.4

15m

-0.3

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6-0.6+3.1-0.4+2.9

Next day

+1.2+0.5+0.7-0.3+1.5

-0.7+1.8-2.5-0.3-0.5

-1.8+1.6-3.4-0.8-1.1

-3.1+0.1-3.2-1.3-1.8

-0.7+2.5-3.3-0.8+0.0

-2.1+2.4-4.4-0.6-1.4

15d

-8.8+1.9-10.7-2.3-6.6

+11.0+2.1+8.8-4.4+15.3

+24.6+12.5+12.1-3.9+28.5

+4.7+12.0-7.3-7.6+12.3

UpDownMarket · Nifty Microcap 250Sector · Services peers, median of 326Pending

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

AI summary

Dredging Corporation of India informed exchanges that CFO and KMP Mrs. P. Uma Gandhi has resigned as General Manager (Finance) due to personal reasons. She submitted her resignation letter on April 8, 2026, with the company being informed on April 17, 2026. The effective date of her resignation is subject to approval from the Competent Authority, after which she will cease to be the CFO and KMP of the company.

Likely market impact

CFO departure pending approval; may create short-term uncertainty at the finance function until a replacement is appointed.