DREDGECORPNSEDredging Corporation of India Limited· ShippingMinimalNeutral
Announced Tue, 13 Jan · 17:19 IST

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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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Dredging Corporation of India Limited has filed a compliance statement under SEBI LODR Regulation 32(1) for the quarter ended 31st December 2025. The company has confirmed that there is no new allotment of equity shares arising from the conversion of convertible warrants during the quarter. This is essentially a nil report indicating no deviations or variations to report from the use of issue proceeds. The filing has been signed by the Company Secretary, P. Chandra Kalabhinetri, and addressed to the Bombay Stock Exchange.

Likely market impact

This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that no convertible warrants were exercised or converted into shares during the quarter, meaning no equity dilution occurred from this source.