Dredging Corporation of India Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
DREDGECORP · price
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Dredging Corporation of India Limited (DCI) has submitted a compliance statement to the stock exchange for the quarter ended 30th June 2025. The company confirmed that there were no new allotments of equity shares arising from the conversion of convertible warrants during the quarter. This is a routine disclosure confirming that there has been no material deviation from the previously stated terms regarding fund utilisation or share allotment. The filing was signed by the Company Secretary, P. Chandra Kalabhinetri, on 7th July 2025.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms that no convertible warrants were converted into equity shares during the quarter, meaning no dilution occurred from this source in Q1 FY26.