Dredging Corporation of India Limited has informed the Exchange about General Updates -Intimation of withdrawl for resignation submitted by Smt. P Uma Gandhi to the post of General Manager (Finance) of the Company
DREDGECORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Smt. P. Uma Gandhi, General Manager (Finance) and Chief Financial Officer (CFO) of Dredging Corporation of India Limited, had submitted her resignation on April 8, 2026 citing personal reasons. The resignation would have made her cease to be both CFO and Key Managerial Personnel (KMP) of the Company, effective upon approval by the Competent Authority. However, she subsequently withdrew her resignation, and this withdrawal was approved by the Chairman on May 12, 2026. As a result, she will continue serving in her current roles as General Manager (Finance), CFO, and KMP of the Company.
The withdrawal of the resignation is a positive development for the Company as it avoids the disruption of finding a replacement for the CFO and KMP position. The stock is unlikely to see any negative reaction as the leadership continuity is maintained.