Dredging Corporation of India Ltd
NSE: DREDGECORP BSE: 523618
₹900.90
-15.45 (1.69%)
Thu, 22 Oct 2026, 09:51 pm
Market Cap (in Cr)2568.16
PE Ratio64.13
Dividend0
Transportation
Marine Shipping
24.5KDredging Corporation of India Ltd Company History
1976
- The company was originally incorporated as a private limited company.
1984
- The company acquired 3 Portable Cutter Suction Dredgers.
2001
- Dredging Corporation was in the hunt for a strategic partner to get more exposure in foreign waters.
2002
- BSE informed its members that a special margin of 25% had been imposed on Dredging Corporation.
2003
- Dr Ramesh Gupta ceased to be a director of the company.
- Dr.S Kathiroli was appointed as part-time non-official director on the board.
- The crew and monthly paid workers served notice to the management to commence work-to-rule agitation.
2004
- The company came out with a public issue of 5.60 million equity shares.
2007
- Capt. S.S.Tripathi was appointed as Chairman-cum-Managing Director of the company.
2008
- The Board declared an interim dividend.
- The Board considered a dividend.
- New Directors were appointed.
2009
- DCI sought a rate revision for the Sethusamudram project.
- The Board considered a dividend.
2010
- DCI signed an agreement with IHC Dredgers BV, Netherlands for design, construction and delivery of two Trailer Suction Hopper Dredgers.
- The Board recommended a dividend.
2011
- The Company signed a contract with IHC Dredgers BV, Netherlands for design, construction and delivery of one Trailer Suction Hopper Dredger.
- Shri S. Balachandran and Shri Vinai Kumar Agarwal were appointed as Non-official Part-time Directors on the Board of the Company.
- Capt S. S. Tripathi was relieved of his duties as Chairman and Managing Director and Shri P. V. Ramana Murthy was assigned additional charge of the duties.
2012
- A meeting was held jointly by Dredging Corporation of India Limited and Little Angles School to give away prizes to winners in painting competitions.
- Dredging Corporation of India Ltd celebrated World Environment Day.
- A Cycle Rally was organized to mark the occasion of World Environment Day.
2013
- The Board of Directors recommended a dividend of 20% on paid-up equity share capital.
- Shri B. Poiyaamozhi was appointed as Part-time Official Director on the Board of the Company.
2014
- The Board of Directors declared a dividend of 30% on the paid-up share capital of the Company.
- Shri S.Charles was appointed as Director (Finance) of the Company.
2015
- The 39th Formation day Celebration was held at Kalavani, Port Stadium, Visakhapatnam.
2016
- IWAI signed 3 MoUs with DCI and MPT for inland water transport.
2017
- DCI and NHAI entered into a pact to facilitate sand supply for building roads.
- DCI was awarded the prestigious AMVER award by the Honourable Consulate General of the USA.
2022
- Dredging Corporation of India received an award of work from Numaligarh Refinery Limited at Paradip Port.
- Dredging Corporation of India received an award of contract from Visakhapatnam Port Trust.
- Dredging Corporation of India gained a maintenance contract from JNPA.
2024
- Dredging Corporation of India Limited received a contract of Rs.2015.88 Crores for five years for maintenance dredging in the Hooghly Estuary.
