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