Dredging Corporation of India Limited has informed the Exchange regarding Appointment of M/s. Grandhy & Co, as Statutory Auditors of the Company w.e.f. April 01, 2025.
DREDGECORP · price
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Dredging Corporation of India Limited has appointed M/s. Grandhy & Co as its Statutory Auditors, effective from April 01, 2025. This is a standard regulatory filing informing the exchange about the new auditor taking charge for the upcoming financial period. The appointment appears to be part of the regular rotation or selection process for statutory auditors as required under Companies Act provisions. No details on the term length or the previous auditor were disclosed in this filing.
This is a routine corporate governance update and is unlikely to have any material impact on the stock price. Shareholders should note the change in auditors but it does not indicate any financial concerns or governance issues.