Dredging Corporation of India Limited has informed the Exchange regarding Resignation of Smt Uma Gandhi as Chief Financial Officer of the company .

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

DREDGECORP · price

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Price reactionminutes from the announcement price · days from the prior close

+2.6%Reaction day

₹975.00

prior close

₹1003.15

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+3.1% vs market

Services peers, median of 326sector · sector level-0.4%+2.9% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 2.9 pts more than its Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.2

10m

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15m

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30m

+3.4

Sessions after the filingfrom the prior close

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Reaction day

+2.6-0.6+3.1-0.4+2.9

Next day

+1.2+0.5+0.7-0.3+1.5

-0.7+1.8-2.5-0.3-0.5

-1.8+1.6-3.4-0.8-1.1

-3.1+0.1-3.2-1.3-1.8

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-2.1+2.4-4.4-0.6-1.4

15d

-8.8+1.9-10.7-2.3-6.6

+11.0+2.1+8.8-4.4+15.3

+24.6+12.5+12.1-3.9+28.5

+4.7+12.0-7.3-7.6+12.3

UpDownMarket · Nifty Microcap 250Sector · Services peers, median of 326Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Smt. P. Uma Gandhi, General Manager (Finance) at Dredging Corporation of India Limited, has tendered her resignation from the post due to personal reasons. The resignation letter was submitted on April 8, 2026, and the HR department notified the company via email on April 17, 2026. Upon acceptance, she will cease to be the Chief Financial Officer and Key Managerial Personnel (KMP) of the Company. The effective date of resignation is subject to approval by the Competent Authority. The company has informed the stock exchanges under Regulation 30 of SEBI (LODR) Regulations, 2015.

Likely market impact

The departure of the CFO and KMP represents a significant leadership change at the company. While the reason cited is personal, investors will likely monitor the appointment of a successor closely, as CFO transitions can temporarily affect financial governance and decision-making. The stock may see mild negative sentiment until a replacement is announced.