Dredging Corporation of India Limited has informed the Exchange regarding Appointment of Tax Auditor for the FY 2024-25 .
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Dredging Corporation of India has appointed M/s. Grandhy & Co, Chartered Accountants, as Tax Auditor for the financial year 2024-25. The appointment was approved by the Board of Directors at its 364th meeting held on 13 August 2025. The appointment is made under Section 44AB of the Income Tax Act, which requires the company to provide a Tax Audit Report. The filing was made to stock exchanges under SEBI Listing Regulations. Grandhy & Co is a professionally managed firm offering audit, tax consultancy, and advisory services. None of the company's directors are related to the auditor or its partners.
This is a routine compliance-related appointment with no material impact on shareholders or the stock. Tax auditor changes are common annual disclosures and do not signal any governance concern.