Meeting Details

The company is not holding a physical meeting. Approval is being sought through postal ballot with remote e-voting only, in accordance with Section 110 read with Section 108 of the Companies Act, 2013 and Rule 20 & 22 of Companies (Management and Administration) Rules, 2014. The voting period is from Tuesday, 06 October 2026 at 9:00 AM IST to Thursday, 05 November 2026 at 5:00 PM IST.

Proposed Resolution

ITEM No. 1: To appoint Shri Susanta Kumar Purohit, IRSEE (DIN No. 09725013) as a Director (Promoter, Non-Executive and Non-Independent Director) of the Company w.e.f 14.09.2026.

This is proposed as an Ordinary Resolution. Shri Purohit was initially appointed as an Additional Director by the Board of Directors through resolution by circulation dated 03/09/2026, effective from 14 September 2026. As per Section 161 of the Companies Act, 2013 and Articles of Association, his appointment requires shareholder ratification to become regular.

Voting Process and Methods

The company is providing facility of remote e-voting only through electronic means. National Securities Depository Limited (NSDL) has been engaged as the agency to provide remote e-voting facility, assisted by KFin Technologies Limited.

Key Voting Details:

  • Cut-off date for determining voting eligibility: Friday, 02 October 2026
  • Remote e-voting commencement: Tuesday, 06 October 2026 at 9:00 AM IST
  • Remote e-voting end: Thursday, 05 November 2026 at 5:00 PM IST
  • Results announcement: On or before Saturday, 07 November 2026

Scrutinizer Appointment

The Board of Directors has appointed Mr. Sachin Agarwal of M/s. Agarwal S. & Associates, Practicing Company Secretary (Membership No. F5774) as Scrutinizer. In his absence, Ms. Shweta Jain of M/s. Agarwal S. & Associates, Practicing Company Secretary (Membership No. F7152) will serve as Scrutinizer. The Scrutinizer will submit a report to the Chairman/Managing Director after verifying the votes cast through remote e-voting on or before 07 November 2026.

Compliance with Regulations

The postal ballot process complies with:

  • Sections 108 and 110 of the Companies Act, 2013
  • Rule 20 and 22 of Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standards on General Meetings (SS-2)
  • MCA Circular Nos. 14/2020, 17/2020, and 03/2025

Director Background Information

Shri Susanta Kumar Purohit, IRSEE is a 54-year-old distinguished officer of the Indian Railway Service of Electrical Engineers (1996 batch). He holds a Bachelor of Engineering (Electrical Engineering) from Sambalpur University and a Post Graduate Diploma in Personnel Management & Industrial Relations (HRM) from Andhra University.

Current Positions:

  • Chairperson of V.O. Chidambaranar Port Authority
  • Additional charge of Chairman, Paradip Port Authority

Experience: Extensive experience in administration, infrastructure development, engineering, public policy and public-sector management. Previously served as Joint Secretary in the Department of Chemicals & Petrochemicals, Government of India.

Shareholding and Relationships: Holds 0 equity shares in the company. Has no relationship with other Directors/Manager/KMP of the Company.

Remuneration: As a Promoter Director, he is not entitled to sitting fees, remuneration, perks, or any other benefits for Board Meetings and Board Level Committee Meetings.

Additional Information

The resolution, if approved, shall be deemed to have been passed on the last date of e-voting i.e., Thursday, 05 November 2026. The results will be displayed on the company's website (www.dredge-india.com) and communicated to the stock exchanges (BSE and NSE).