Dredging Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2025 ,inter alia, to consider and approve Update on board meeting
DREDGECORP · price
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Dredging Corporation of India has informed the stock exchanges that its Board of Directors will meet on Wednesday, August 13, 2025. The key item on the agenda is to consider and approve a proposal for issuing Non-Convertible Debentures (NCDs). The issuance will be subject to Board approval and other necessary statutory and regulatory clearances. No details on size, coupon rate, or timeline of the NCD issuance have been disclosed yet.
If approved, the NCD issuance would allow the company to raise debt capital, potentially for expansion or working capital needs. Investors should watch for further details on issue size, coupon rate, and tenor, which will determine the dilution risk and cost of borrowing for the company.