Meeting Details

The postal ballot was conducted through remote e-voting without a physical meeting. The voting period ran from Sunday, 3rd May 2026 at 09:00 Hrs to Monday, 1st June 2026 at 17:00 Hrs. The cut-off date for determining shareholders entitled to vote was Friday, 24th April 2026.

Proposed Resolutions and Implications

Three special resolutions were proposed for director appointments:

Resolution No. 1: Appointment of Smt Krishna Das (DIN No. 11590065) as Non-Executive and Independent Director effective from 09.03.2026.

Resolution No. 2: Appointment of Shri Devendra Kumar Pathak, IPS (Retd) (DIN No. 10195553) as Non-Executive and Independent Director effective from 18.03.2026.

Resolution No. 3: Appointment of Mr. Divakar Sanamandra (DIN: 09675405) as Managing Director and Chief Executive Officer and KMP of the Company effective from 25.03.2026.

Voting Process and Methods

The remote e-voting process was conducted through National Securities Depository Limited (NSDL) at https://www.evoting.nsdl.com. The voting was unblocked after conclusion of the e-voting period, witnessed by two independent witnesses: Mr. Ravi Agrawal and Mr. Shailendra Singh (not employed by the Company or NSDL).

Key Voting Outcomes

Resolution No. 1: Appointment of Smt Krishna Das

  • Total valid votes cast: 21,889,399
  • Votes in favor: 21,888,961 (99.9980%)
  • Votes against: 438 (0.0020%)
  • Number of voters: 248
  • Voters in favor: 206
  • Voters against: 42

Resolution No. 2: Appointment of Shri Devendra Kumar Pathak

  • Total valid votes cast: 21,889,399
  • Votes in favor: 21,888,951 (99.9980%)
  • Votes against: 448 (0.0020%)
  • Number of voters: 248
  • Voters in favor: 205
  • Voters against: 43

Resolution No. 3: Appointment of Mr. Divakar Sanamandra

  • Total valid votes cast: 21,889,399
  • Votes in favor: 21,888,961 (99.9980%)
  • Votes against: 438 (0.0020%)
  • Number of voters: 248
  • Voters in favor: 206
  • Voters against: 42

Scrutinizer's Role and Findings

M/s Agarwal S. & Associates, Practicing Company Secretaries (Firm's Registration No. P2003DE049100) were appointed as Scrutinizer. Their responsibility was to scrutinize the e-voting process in a fair and transparent manner and report on votes cast "in favour" or "against" the resolutions. The scrutinizer relied on reports generated from NSDL's voting system and conducted verification on a test-check basis. The electronic data and all relevant records were handed over to the Company after completion of the process.

Compliance Confirmation

The process complied with Section 110 of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, as amended. It also adhered to General Circular Nos. 14/2020 dated 8th April, 2020 and 17/2020 dated 13th April, 2020 read with General Circular No. 03/2025 dated September 22, 2025, and other relevant circulars and notifications issued by Ministry of Corporate Affairs.

Additional Information

The document reference number is DCI/CS/E.1/SE/2025-26 dated 02/06/2026. Company scrip code is 523618 (BSE) and symbol is DREDGECORP (NSE). Registered office: Core-2, First Floor, Scope Minar, Laxminagar District Centre, Delhi-110092. Head Office: "DREDGE HOUSE", H.B.Colony Main Road, Seethammadhara, Visakhapatnam-530001.