Dredging Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2026 ,inter alia, to consider and approve As attached
DREDGECORP · price
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Dredging Corporation of India has informed BSE that its Board of Directors will meet on 5 February 2026 to consider and approve a proposal to increase the company's authorised share capital from Rs. 30 crore to Rs. 50 crore. This is a rise of Rs. 20 crore in the maximum capital the company is allowed to issue. The intimation has been made under SEBI Listing Regulations. No other agenda items such as dividend, buyback, or bonus have been mentioned in the filing.
Increasing authorised capital does not mean new shares will be issued immediately; it only raises the legal ceiling for future fund-raising. Shareholders should watch for follow-up announcements (such as a rights issue, preferential allotment, or bonus) to understand how the expanded capital will be used.