Dredging Corporation of India Ltd

Purpose

• Postal ballot to approve appointment of Shri Jasmeet Singh Bindra as Director and Chairman (Ordinary Resolution).

Resolutions

• Resolution 1: Ordinary resolution to appoint Jasmeet Bindra as Director (Promoter, non-exec, non-independent) and Chairman.

Outcome

• Approved with majority: For 21,107,799 votes (99.95%), Against 10,847 votes (0.05%).

Director details

• Role: Director (Promoter, Non-Executive, Non-Independent) and Chairman; Term not disclosed.

Material shareholder impact

• Governance change; no capital actions or asset transactions disclosed.

Meeting Details

• Board meeting on 04/08/2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited financial results for the quarter/period ended 30.06.2026.

Other Notes

• Stock exchanges informed about the board meeting and agenda.

Deviation/variation status

• No new equity shares issued on conversion of convertible warrants.

Dematerialisation/rematerialisation status

• Securities dematerialised/rematerialised during the quarter were listed on stock exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled, with the depository registered owner substituted.
• Registrar and transfer agent confirmed details of dematerialised/rematerialised securities were furnished to all exchanges.

Item 1: Appointment of Jasmeet Bindra as Director & Chairman

• Purpose: Ordinary resolution to appoint Shri Jasmeet Bindra as Director and Chairman, effective 09.06.2026.
• Resolution type: Ordinary to appoint promoter, non-exec, non-independent director.
• Designation: Bindra also appointed as Chairman from 09.06.2026.
• Background: Shri Jasmeet Bindra, IRTS, appointed Additional Director on 09.06.2026.
• Experience: senior Indian Railways and government roles; B.Tech Electronics, MBA, MPA.
• Director liable to retire by rotation.
• Remuneration: promoter director not entitled to sitting fees.
• Shareholding: Bindra holds zero shares in the company.
• Cut-off date for e-voting: 03.07.2026.
• Voting window: 08.07.2026 to 07.08.2026 for remote e-voting.
• Outcome: not disclosed yet; to be deemed passed on 07.08.2026 if approved.
• Result announcement: on or before 09.08.2026.
• Notes: Item 1 relates to appointment of Jasmeet Bindra as Director and Chairman.

Fuel supply MoU

• DCI signed a five-year fuel supply MoU with IOCL.
• Agreement value is Rs 2,157.07 crore.
• Fuel supply will support DCI's dredging fleet operations nationwide.
• DCI said the arrangement strengthens operational preparedness and service continuity.