General information about company

Scrip code523618
NSE SymbolDREDGECORP
MSEI Symbol
ISININE506A01018
Name of the entityDREDGING CORPORATION OF INDIA LIMITED
Date of start of financial year01-04-2019
Date of end of financial year31-03-2020
Reporting QuarterQuarterly
Date of Report30-06-2019
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearAny other



Annexure I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory
Wether the listed entity has a Regular ChairpersonYes
Whether Chairperson is related to MD or CEOYes
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthInitial Date of appointmentDate of Re-appointmentDate of cessationTenure of director (in months)No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations)No of Independent Directorship in listed entities including this listed entity (Refer Regulation 17A(1) of Listing RegulationsNumber of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations)No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations)Notes for not providing PANNotes for not providing DIN
1MrRINKESH ROYAAWPR6935K07404080Non-Executive - Non Independent DirectorChairperson11-02-197008-03-20191020
2MrRAJESH TRIPATHIACFPT4853R03379442Executive DirectorNot ApplicableCEO07-02-196108-03-2019113010
3MrJAGDISH CHANDRA SETHIAMKPS0981N02235406Non-Executive - Non Independent DirectorNot Applicable23-09-196708-03-20191000
4MrSANJAY KUMAR MEHTAAGRPM8056H06912891Non-Executive - Non Independent DirectorNot Applicable01-10-196408-05-20191000



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthInitial Date of appointmentDate of Re-appointmentDate of cessationTenure of director (in months)No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations)No of Independent Directorship in listed entities including this listed entity (Refer Regulation 17A(1) of Listing RegulationsNumber of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations)No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations)Notes for not providing PANNotes for not providing DIN
5MrS BALACHANDRANAHMPS2731D01962996Non-Executive - Independent DirectorNot Applicable27-08-194610-04-201910-04-2019361123
6MrB. POIYAAMOZHIAALPP7025R06564735Non-Executive - Independent DirectorNot Applicable07-08-195610-04-201910-04-2019361120
7MrKARTIK SUBRAMANIAMAFMPS2310G01957227Non-Executive - Independent DirectorNot Applicable13-12-195510-04-201910-04-2019361110
8MrANOOP KUMAR SHARMAAAACT1524F03531392Non-Executive - Independent DirectorNot Applicable21-08-196004-04-201904-04-2019362110



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthInitial Date of appointmentDate of Re-appointmentDate of cessationTenure of director (in months)No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations)No of Independent Directorship in listed entities including this listed entity (Refer Regulation 17A(1) of Listing RegulationsNumber of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations)No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations)Notes for not providing PANNotes for not providing DIN
9MrTIRUMALA KRISHNA BABU MOVVAACUPM0979N02795668Non-Executive - Non Independent DirectorNot Applicable15-07-196608-03-201911-05-20191000
10MrSANJAY SATYAPAL BHATIAAAEPB1270H00084672Non-Executive - Non Independent DirectorNot Applicable05-07-196008-03-201925-04-20191000




Audit Committee Details

Whether the Audit Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
101962996MR. S. BALACHANDRANNon-Executive - Independent DirectorChairperson12-04-2019
203531392CAPT. ANOOP KUMAR SHARMANon-Executive - Independent DirectorMember12-04-2019
306564735MR B POIYAAMOZHINon-Executive - Independent DirectorMember12-04-2019
401957227Cdr. KARTIK SUBRAMANIAMNon-Executive - Independent DirectorMember12-04-2019
507404080RINKESH ROYNon-Executive - Non Independent DirectorMember12-04-2019


Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
101962996MR. S BALACHANDRANNon-Executive - Independent DirectorChairperson12-04-2019
203531392CAPT ANOOP KUMAR SHARMANon-Executive - Independent DirectorMember12-04-2019
301957227Cdr. KARTIK SUBRAMANIAMNon-Executive - Independent DirectorMember12-04-2019
402795668M T KRISHNA BABUNon-Executive - Non Independent DirectorMember12-04-201911-05-2019
500084672SANJAY SATYAPAL BHATIANon-Executive - Non Independent DirectorChairperson12-04-201925-04-2019


Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
106564735MR. B POIYAAMOZHINon-Executive - Independent DirectorChairperson12-04-2019
201962996MR. BALACHANDRAN SRINIVASANNon-Executive - Independent DirectorMember12-04-2019
303379442RAJESH TRIPATHIExecutive DirectorMember12-04-2019


Risk Management Committee

Whether the Risk Management Committee has a Regular Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
101957227Cmde. KARTIK SUBRAMANIAMNon-Executive - Independent DirectorChairperson30-05-2019
203531392MR. ANOOP KUMAR SHARMANon-Executive - Independent DirectorMember30-05-2019
306564735MR. B. POIYAAMOZHINon-Executive - Independent DirectorMember30-05-2019
403379442RAJESH TRIPATHIExecutive DirectorMember30-05-2019


Other Committee

SrDIN NumberName of Committee membersName of other committeeCategory 1 of directorsCategory 2 of directorsRemarks

Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory
SrDate(s) of meeting (if any) in the previous quarterDate(s) of meeting (if any) in the current quarterMaximum gap between any two consecutive (in number of days)Notes for not providing DateWhether requirement of Quorum met (Yes/No)Number of Directors present*No. of Independent Directors attending the meeting*
101-02-2019Yes52
208-03-201934
The 317th Board Meeting was held on 08/03/2019 from 1200 Hrs to 1245 Hrs and the Adjourned Board Meeting was held on 08/03/2019 from 1300 Hrs to 1330 Hrs.
 
During the course of the meeting five Directors resigned as Directors out of which two are Independent Directors. Five new Directors were appointed.  
Yes52
330-05-201982Yes84



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory
SrName of CommitteeDate(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order)Maximum gap between any two consecutive (in number of days)Name of other committeeReson for not providing dateWhether requirement of Quorum met (Yes/No)Number of Directors present*No. of Independent Directors attending the meeting*
1Audit Committee01-02-2019Yes32
2Audit Committee30-05-2019117Yes54



Annexure 1

V. Related Party Transactions

SrSubjectCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Whether prior approval of audit committee obtainedNA
2Whether shareholder approval obtained for material RPTNA
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeNA


Annexure 1

VI. Affirmations

SrSubjectCompliance status (Yes/No)
1The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015No
2The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit CommitteeYes
3The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committeeYes
4The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committeeYes
5The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 100 listed entities)NA
6The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.Yes
7The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.Yes
8This report and/or the report submitted in the previous quarter has been placed before Board of Directors.Yes

Annexure 1

SrSubjectCompliance status
1Name of signatoryK ASWINI SREEKANTH
2DesignationCompany Secretary and Compliance Officer



Signatory Details

Name of signatoryK ASWINI SREEKANTH
Designation of personCompany Secretary and Compliance Officer
PlaceVISAKHAPATNAM
Date15-07-2019