Dredging of India : Corporate Governance Report

General information about company
Scrip code	523618
NSE Symbol	DREDGECORP
MSEI Symbol	NOTLISTED
ISIN	INE506A01018
Name of the entity	DREDGING CORPORATION OF INDIA LIMITED
Date of start of financial year	01-04-2022
Date of end of financial year	31-03-2023
Reporting Quarter	Half Yearly
Date of Report	30-09-2022
Risk management committee	Applicable
Market Capitalisation as per immediate previous Financial Year	Top 1000 listed entities
	0
	0
	0

		A
		Annexure I to be subm
		I. Compos
Disclosure of notes on composition of board of directors explanatory
Whether the listed entity has a Regular Chairperson	Yes
Whether Chairperson related to Promoter	No
Disqualification of Directors under section 164 of the Compa

Title

Name of

Category

Date

Whether the

(Mr

Category 1

Category 2

Start Date of

End Date of

Details

Sr

the

PAN

DIN

3 of

of

director is

/

of directors

of directors

disqualification

disqualification

disqualifi

Director

directors

Birth

disqualified?

Ms)

					Non-
		K RAMA			Executive -	Chairperson		15-
1	Mr	MOHANA	AFGPK6792Q	07620951	Non	related to		03-	No
		RAO			Independent	Promoter		1963
					Director
		CAPT S			Executive	Not	CEO-	23-
2	Mr	AFSPS4565F	09675405	06-	No
DIVAKAR	Director	Applicable	MD
								1968
		GYV			Executive	Not	CEO-	22-
3	Mr	ADVPV1440R	09084442	06-	No
VICTOR	Director	Applicable	MD
								1970
					Non-
		SANJAY			Executive -	Not		01-
4	Mr	KUMA	AGRPM8056H	06912891	Non		10-	No
Applicable
		MEHTA			Independent		1964

Director

0

0

0

I. Composition

Disclosure of notes on com

Whether the listed

Title

Category 2

Category

Date

Whether the

(Mr

Name of the

Category 1

Start Date of

End Date of

Detai

Sr

PAN

DIN

of

3 of

of

director is

/

Director

of directors

disqualification

disqualification

disquali

directors

directors

Birth

disqualified?

Ms)

					Non-
		SANJAY			Executive -	Not	23-
5	Mr	KUMAR	AMKPS0981N	02235406	Non	09-	No
Applicable
		SETHI			Independent	1967
					Director
					Non-
		P L			Executive -	Not	16-
6	Mr	ALHPP7613C	07295378	Non	08-	No
HARANADH	Applicable
				Independent	1966
					Director
		NUTAN			Non-		25-
				Executive -	Not
7	Mrs	GUHA	AADPB9509L	03036417	07-	No
Independent	Applicable
		BISWAS			Director		1958
					Non-		21-
		ANINDO			Executive -	Not
8	Mr	AEKPM7463D	06984371	08-	No
MAJUMDAR	Independent	Applicable
					Director		1960

0

0

0

I. Composition

Disclosure of notes on com

Whether the listed

Title

Category 2

Category

Date

Whether the

(Mr

Name of the

Category 1

Start Date of

End Date of

Detai

Sr

PAN

DIN

of

3 of

of

director is

/

Director

of directors

disqualification

disqualification

disqualif

directors

directors

Birth

disqualified?

Ms)

		VINOD			Non-		05-
				Executive -	Not
9	Mr	KUMAR	AEEPP2650K	07280306	08-	No
Independent	Applicable
		PIPERSENIA			Director		1957
					Non-		04-
		RAJAT			Executive -	Not
10	Mr	AASPS0932R	09616779	06-	No
SACHAR	Independent	Applicable
					Director		1961
11	Mr	ARUN	ACEPG1383Q	03310218	Non-	Not	26-	No
		KUMAR			Executive -	Applicable	12-

GUPTAIndependent1955

Director

0

0

0

Text Block

Textual Information(1) Shri GYV Victor has been suspended on 13/07/2022

0

0

0

0

Audit Committee Details

		Whether the Audit Committee has a Regular Chairperson	Yes
	DIN	Name of		Category 2 of	Date of		Date of
Sr	Committee	Category 1 of directors			Remarks
Number	directors		Appointment	Cessation
	members
1	06984371	ANINDO	Non-Executive -	Member		26-05-2022
MAJUMDAR	Independent Director
2	03310218	ARUN KUMAR	Non-Executive -	Member		08-08-2022
GUPTA	Independent Director
3	09616779	RAJAT SACHAR	Non-Executive -	Member		26-05-2022
Independent Director
4	06912891	SANJAY KUMA	Non-Executive - Non	Member		26-05-2022
MEHTA	Independent Director
5	03036417	NUTAN GUHA	Non-Executive -	Member		26-05-2022		08-08-2022
BISWAS	Independent Director
6	06984371	ANINDO	Non-Executive -	Chairperson		08-08-2022
MAJUMDAR	Independent Director
			0
			0
Nomination and remuneration committee
	Whether the Nomination and remuneration committee has a Regular Chairperson	Yes
	DIN	Name of		Category 2 of	Date of		Date of
Sr	Committee	Category 1 of directors			Remarks
Number	directors		Appointment	Cessation
	members
1	03036417	NUTAN GUHA	Non-Executive -	Chairperson		18-05-2022
BISWAS	Independent Director
2	07295378	P L HARANADH	Non-Executive - Non	Member		18-05-2022
Independent Director
3	06912891	SANJAY KUMA	Non-Executive - Non	Member		18-05-2022
		MEHTA	Independent Director
4	06984371	ANINDO	Non-Executive -	Member		30-05-2022		08-08-2022
MAJUMDAR	Independent Director
5	09616779	RAJAT SACHAR	Non-Executive -	Member		08-08-2022
Independent Director
			0
			0
Stakeholders Relationship Committee
	Whether the Stakeholders Relationship Committee has a Regular Chairperson	Yes
Sr	DIN	Name of Committee	Category 1 of directors	Category 2 of		Date of	Date of	Remarks
Number	members	directors	Appointment	Cessation
1	07280306	VINOD KUMAR	Non-Executive -	Chairperson	08-08-2022
PIPERSENIA	Independent Director
2	06984371	ANINDO	Non-Executive -	Member	08-08-2022
MAJUMDAR	Independent Director
3	09675405	CAPT S DIVAKAR	Executive Director	Member	08-08-2022
4	09084442	GYV VICTOR	Executive Director	Member	11-11-2021		Textual
	Information(1)

0

Sr Text Block

Textual Information(1)	Shri GYV Victor has been suspended on 13/07/2022
					0
					0
Risk Management Committee
	Whether the Risk Management Committee has a Regular Chairperson	Yes
	DIN	Name of			Category 2 of	Date of	Date of
Sr	Committee		Category 1 of directors	Remarks
Number		directors	Appointment	Cessation
	members
1	07295378	P L HARANADH	Non-Executive - Non	Member	23-10-2021
Independent Director
2	09675405	CAPT S		Executive Director	Member	08-08-2022
DIVAKAR
3	00000000	S V PRASAD		JOINT GENERAL	Member	16-06-2021		Textual
	MANAGER		Information(1)
4	00000000	Y S R MURTHY	JOINT GENERAL	Member	08-08-2022		Textual
MANAGER		Information(2)
5	09616779	RAJAT SACHAR	Non-Executive -	Chairperson	08-08-2022
Independent Director
6	09084442	GYV VICTOR		Executive Director	Member	16-06-2021		Textual
		Information(3)
					0

Sr Text Block

Textual Information(1)	Head of the Dept ( Ops) is the member of Risk Management Committee
Textual Information(2)	Head of the Dept ( Ops) is the member of Risk Management Committee
Textual Information(3)	Shri GYV Victor has been suspended on 13/07/2022
					0
					0
Corporate Social Responsibility Committee
	Whether the Corporate Social Responsibility Committee has a Regular Chairperson	Yes
Sr	DIN	Name of Committee		Category 1 of directors	Category 2 of	Date of		Date of
Number		members		directors	Appointment	Cessation
1	03310218	ARUN KUMAR	Non-Executive -	Chairperson	08-08-2022
GUPTA	Independent Director
2	09616779	RAJAT SACHAR	Non-Executive -	Member	08-08-2022
Independent Director
3	07280306	VINOD KUMAR	Non-Executive -	Member	08-08-2022
PIPERSENIA	Independent Director
					0
					0
Other Committee
Sr	DIN	Name of Committee	Name of other	Category 1 of	Category 2 of
Number		members		committee	directors	directors
					0

Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory

Remarks

Remarks

Date(s) of meeting (if Sr any) in the previous

quarter

• 10-05-2022
  2 30-05-2022
  3
  4

Date(s) of	Maximum gap
meeting (if
between any two
any) in the
consecutive (in
current
number of days)
quarter
	19

14-07-2022 44

08-08-2022 24

	Whether	Total	Number of	No. of
Notes for	Directors present*	Independent
requirement	Number of
not	of Quorum	Directors as	(All directors	Directors
providing	including	attending
met	on date of
Date	Independent	the
(Yes/No)	the meeting
	Director)	meeting*
	Yes	6	6	1
	Yes	9	7	3
	Yes	10	8	4
	Yes	10	8	5
	0
	0
	0

Annexure 1

IV. Meeting of Committees
		Disclosure of notes on meeting of committees explanatory
		Date(s) of					Total			No. of
		meeting	Maximum				Number of		members
					Number	No. of
		(Enter dates	gap			Whether	Directors	attending
			Reson for	of	Independent
		of Previous	between	Name of	requirement	(All	the
Sr	Name of	not	Directors	Directors
Committee	quarter and	any two	other	providing	of Quorum	as on	directors	attending	meeting
	Current	consecutive	committee	met	including	(other
		quarter in	(in number		date	(Yes/No)	date of	Independent	the	than
				the	meeting*
		chronological	of days)				director)	Board of
					meeting
		order)							Directors)
1	Audit	30-05-2022				Yes	4	3	2	5
Committee
2	Audit	08-08-2022	69			Yes	4	3	3	5
Committee
					0
					0
					0

Annexure 1

V. Related Party Transactions

Sr Subject

• Whether prior approval of audit committee obtained

• Whether shareholder approval obtained for material RPT

• Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee

0

0

Compliance status	If status is �No� details of non-
(Yes/No/NA)	compliance may be given here.
Yes
Yes
Yes

Annexure 1

VI. Affirmations

		Compliance
Sr	Subject	status
		(Yes/No)
1	The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements)	Yes
	Regulations, 2015

• The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 20150a. Audit Committee

• The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee

• The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee

Yes

Yes

Yes