DREDGING CORPORATION OF INDIA LTD.

Dredging Corporation of India Ltd announced the appointment of Shri Jasmeet Singh Bindra, IRTS, as Additional Director (Promoter - Non-Executive & Non-Independent) and Chairman of the Company. The appointment is effective from June 9, 2026, and will continue until the next Annual General Meeting or for three months, pending shareholder approval. Shri Bindra, currently Chairman of Visakhapatnam Port Authority, brings extensive experience in transportation and logistics. Dr. M. Angamuthu has ceased to be Director & Chairman of the Company.

Dredging Corporation of India Ltd. announced the appointment of Shri Jasmeet Singh Bindra, IRTS, as the Chairman of Visakhapatnam Port Authority (VPA). The appointment is effective from May 20, 2026, for a period of five years or until further orders, as per the Ministry of Ports, Shipping and Waterways' letter dated May 13, 2026, and VPA's email dated May 23, 2026.

Dredging Corporation of India Ltd (DCIL) reported its highest-ever annual turnover of ₹1214.09 Crore in FY 2025-26, marking a record-breaking performance in its five-decade journey. The company also registered a profit after tax (PAT) of ₹4.75 Crore for the same period. DCIL's operational profit (EBITA) stood at ₹253.46 Crore. The Earnings Per Share (EPS) improved to ₹5.28 from negative ₹12.07 in FY 2024-25. The company has set an ambitious target of achieving a turnover of ₹1500 Crore during the Financial Year 2026-27.

Dredging Corporation of India Ltd. (DCI) approved the standalone audited financial results for the year ended March 31, 2026, in a board meeting held on May 19, 2026. The results, along with the unmodified audit report from Grandhy & Co Chartered Accountants, have been published in the Business Standard (English and Hindi editions) and uploaded on the stock exchange and company websites. The auditors have given an unqualified opinion on the financial results.

Dredging Corporation of India Ltd. announced that Smt. P Uma Gandhi has withdrawn her resignation from the post of General Manager (Finance). The withdrawal was approved by the Chairman on May 12, 2026. She will continue as General Manager (Finance), CFO, and KMP of the company. This is an update to the previous intimation dated April 17, 2026, regarding her resignation due to personal reasons.

Dredging Corporation of India Ltd (DCIL) commissioned a 150 kW solar rooftop plant at its Head Office on May 7, 2026. Implemented under the PM Surya Ghar Yojana, the plant is expected to generate approximately 750 units of clean energy per day, resulting in annual savings of ₹30 lakhs and a reduction of 220-240 tonnes of carbon dioxide emissions annually. NTPC Vidyut Vyapar Nigam Limited served as the implementation partner, and Ledure Lightings Limited executed the project.

Dredging Corporation of India Ltd has scheduled a meeting of its Board of Directors on May 19, 2026, to consider and approve the audited financial results for the year/quarter ended March 31, 2026. This intimation is pursuant to Clause 29 (1) (a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dredging Corporation of India Ltd announced the resignation of Smt. P. Uma Gandhi from the post of General Manager (Finance) due to personal reasons. Her resignation, tendered on April 8, 2026, also means she will cease to be the Chief Financial Officer (CFO) and a Key Managerial Personnel (KMP) of the company. The effective date of her resignation is contingent upon the approval of the Competent Authority, and the company will provide further intimation once the approval is received. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dredging Corporation of India Ltd (DCI) has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) for a five-year fuel supply agreement. Valued at ₹2,157.07 crores, this strategic partnership ensures a steady and reliable fuel supply for DCI's dredging fleet across the country. The agreement strengthens DCI's operational preparedness and guarantees continuity in critical maritime infrastructure services, especially amidst ongoing energy sector disruptions. This collaboration reinforces the long-standing association between DCI and IOCL, highlighting their shared commitment to operational excellence and supporting India's maritime infrastructure development. By securing long-term fuel supply, DCI enhances its capability to deliver uninterrupted dredging services for major ports and national projects, demonstrating the crucial role of public sector enterprises in maintaining economic stability.

The Dredging Corporation of India Limited (DCIL) has entered into a significant Memorandum of Understanding (MoU) with Colombo Dockyard PLC (CDPLC). This strategic partnership aims at delivering high-quality, cost-effective, and timely solutions in vessel maintenance, repair, retrofitting, and new shipbuilding initiatives. The collaboration is expected to contribute significantly to building a resilient and sustainable maritime ecosystem in the region.