DREDGECORPNSEDredging Corporation of India Limited· ShippingMediumNeutral
Announced Thu, 9 Apr · 16:05 IST

Dredging Corporation of India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ownership Changes View source PDF

DREDGECORP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.7%1-day move
₹877.15
prior close
₹890.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.3+0.8+1.2+2.7+3.6+11.5+11.2+14.0+10.4+7.6+5.7+23.5+19.8
Up moveDown movePending
AI summary

Four government-owned Port Authorities (promoters of Dredging Corporation of India) have submitted disclosures confirming their shareholdings as of 31 March 2026. Visakhapatnam Port Authority holds 54,51,710 shares, while Deendayal Port Authority, Paradip Port Authority, and Jawaharlal Nehru Port Authority each hold 50,40,101 shares. All four entities have explicitly declared that they have not created any encumbrance (pledge) on their shares, directly or indirectly, during the financial year. The filing is a routine regulatory compliance under SEBI's takeover regulations requiring promoters to disclose their shareholding status and any pledges.

Likely market impact

This announcement is neutral for shareholders. The absence of any pledged shares by promoters indicates strong promoter commitment and no immediate risk of forced share sales. The stable promoter holding pattern suggests continuity in ownership structure.