Deendayal Port Authority has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
DREDGECORP · price
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Deendayal Port Authority, the promoter of Dredging Corporation of India Limited, has submitted a disclosure to the stock exchanges confirming that it holds 50,40,101 equity shares as of 31st March 2026. The key highlight is that the promoter has declared it has NOT created any encumbrance (pledge) on these shares. This is a routine regulatory filing under SEBI's SAST regulations requiring promoters to disclose their shareholding status and any pledges on those shares.
This is a positive disclosure for investors as it confirms the promoter has not pledged their shares, reducing concerns about potential forced selling pressure. The filing is largely procedural and does not indicate any change in shareholding or new acquisitions.