Dredging Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2025 ,inter alia, to consider and approve As attached

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Dredging Corporation Of India Ltd.

30 Apr 2025, 02:42PM

813.15

2.82%

Corp. Note

Dredging Corporation of India Ltd - 523618 - Format of the Initial Disclosure to be made …

BSE India

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyDredging Corporation of India Ltd 2CIN NO.L29222DL1976PLC008129 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 233.13 4Highest Credit Rating during the previous FY A2+ 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)INDIA RATINGS AND RESEARCH PVT. LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkNSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: P CHANDRA KALABHINETRI Designation: COMPANY SECRETARY EmailId: kalabhinetri@dcil.co.in Name of the Chief Financial Officer: P UMA GANDHI Designation: CHIEF FINANCIAL OFFICER EmailId: umagandhi@dcil.co.in Date: 30/04/2025 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

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Is Dredging Corporation Of India Ltd. worth buying?

163 Votes:

Buy 81.6%

Sell 9.82%

Hold 8.59%