DREDGECORPNSEDredging Corporation of India Limited· ShippingMediumNeutral
Announced Wed, 13 Aug · 16:23 IST

Dredging Corporation of India Limited has informed the Exchange regarding Appointment of Mr M/s Agarwal S & Associates as Secretarial Auditor of the company w.e.f. April 01, 2025.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Dredging Corporation of India has appointed M/s. Agarwal S. & Associates, a firm of Company Secretaries in Practice, as its new Secretarial Auditor. The appointment is for a term of five consecutive financial years, covering FY 2025-26 to FY 2029-30, effective from April 1, 2025. The Board of Directors approved this at its meeting held on August 13, 2025, under Section 204 of the Companies Act, 2013. The firm, established in 2003, has over two decades of experience in company law, securities laws, legal due diligence, M&A, and capital market transactions. The company clarified that none of its directors are related to the auditor or its partners.

Likely market impact

This is a routine statutory compliance appointment required under the Companies Act and is unlikely to have any material impact on the stock price or shareholder value.