Grandhy and Co appointed statutory auditor for FY 2026-27

Management Changes View source PDF Explain this filing

DREDGECORP · price

Loading chart…

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

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

+0.3%Reaction day

₹836.00

prior close

₹848.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Services peers, median of 319sector · sector level+0.8%-0.5% vs sector

On the reaction day the stock moved 0.5 pts less 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

-0.2

10m

+0.1

15m

+0.7

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3pendingpending+0.8-0.5

Next day

—————

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Services peers, median of 319Pending

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

AI summary

The Comptroller and Auditor General of India appointed Grandhy and Co, a chartered accountancy firm, as Dredging Corporation of India's statutory auditor for financial year 2026-27. The firm accepted the appointment on September 12, 2026. The appointment remains subject to the company's board approving it, after which the company will update the stock exchanges.

Likely market impact

This is a routine audit appointment with no stated effect on earnings, cash flow or operations. Shareholders should await board approval and the final exchange filing.