DCI seeks shareholder nod for appointment of new Chairman via Postal Ballot
DREDGECORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dredging Corporation of India has issued a Postal Ballot Notice seeking shareholder approval for appointing Shri Jasmeet Singh Bindra, IRTS (DIN: 07231249) as Director and Chairman of the Company, effective 9 June 2026. He is a 1996 batch IRTS officer with B.Tech, MBA, MPA qualifications and around three decades of experience in Indian Railways and the Government of India. The Board approved his appointment on 23 May 2026. He is classified as a Promoter, Non-Executive and Non-Independent Director and holds no shares in DCI. Remote e-voting runs from 8 July to 7 August 2026, with results expected by 9 August 2026.
Routine procedural step to regularize government-nominated Chairman appointment. No material financial impact expected for shareholders.