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	Quarterly
Date of Report	30-06-2022
Risk management committee	Applicable
Market Capitalisation as per immediate previous Financial Year	Top 1000 listed entities

Annexure I

Annexure I to be submitted by listed entity on quarter

I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explan

Whether the listed entity has a Regular Chairp

Whether Chairperson is related to MD or

Whether

special

Title

Name of

Category

Date

resolution

Date of

Initial Date

(Mr

Category 1

Category 2

passed?

passing

Date of Re-

Da

Sr

the

PAN

DIN

3 of

of

of

/

of directors

of directors

[Refer Reg.

special

appointment

cess

Director

directors

Birth

appointment

Ms)

17(1A) of

resolution

Listing

Regulations]

Non-

K RAMA

Executive -

Chairperson

15-

1

Mr

MOHANA

AFGPK6792Q

07620951

Non

related to

03-

NA

30-07-2020

22-12-2020

RAO

Independent

Promoter

1963

Director

GYV

Executive

Not

CEO-

22-

2

Mr

ADVPV1440R

09084442

06-

NA

01-03-2021

17-12-2021

VICTOR

Director

Applicable

MD

1970

Non-

SANJAY

Executive -

Not

01-

3

Mr

KUMA

AGRPM8056H

06912891

Non

10-

NA

08-05-2019

17-12-2021

Applicable

MEHTA

Independent

1964

Director

Non-

SANJAY

Executive -

Not

23-

4

Mr

KUMAR

AMKPS0981N

02235406

Non

09-

NA

08-03-2019

22-12-2020

Applicable

SETHI

Independent

1967

Director

I. Composition of Board of Dire

Disclosure of notes on composition of board of directors expl

Whether the listed entity has a Regular Chairperson

Whether

special

Title

Category 2

Category

Date

resolution

Date of

Initial Date

(Mr

Name of the

Category 1

passed?

passing

Date of R

Sr

PAN

DIN

of

3 of

of

of

/

Director

of directors

[Refer Reg.

special

appointme

directors

directors

Birth

appointment

Ms)

17(1A) of

resolution

Listing

Regulations]

					Non-		27-
		S			Executive -	Not		08-08-
5	Mr	AHMPS2731D	01962996	08-	Yes	10-04-2019	08-08-201
BALACHANDRAN	Independent	Applicable	2019
					Director		1946
					Non-		07-
					Executive -	Not
6	Mr	B POIYAAMOZHI	AALPP7025R	06564735	08-	NA		10-04-2019	08-08-201
Independent	Applicable
					Director		1956
					Non-		21-
		ANOOP KUMAR			Executive -	Not
7	Mr	AACPS8541G	03531392	08-	NA		04-04-2019	08-08-201
SHARMA	Independent	Applicable
					Director		1960
					Non-		13-
		KARTIK			Executive -	Not
8	Mr	AFMPS2310G	01957227	12-	NA		10-04-2019	08-08-201
SUBRAMANIAM	Independent	Applicable
					Director		1955

I. Composition of Board of Direc

Disclosure of notes on composition of board of directors explan

Whether the listed entity has a Regular Chairperson

	Title					Category 2	Category
	(Mr	Name of the			Category 1
Sr	PAN	DIN	of	3 of
/	Director	of directors
			directors	directors
	Ms)

	Whether
	special
Date	resolution	Date of	Initial Date
passed?	passing	Date of Re-	D
of	of
[Refer Reg.	special	appointment	ce
Birth	appointment
	17(1A) of	resolution
	Listing
	Regulations]

		NUTAN			Non-		25-
				Executive -	Not
9	Ms GUHA	AADPB9509L	03036417	07-	NA	22-12-2020	17-12-2021
Independent	Applicable
		BISWAS			Director		1958
					Non-
		P L			Executive -	Not	16-
10	Mr	ALHPP7613C	07295378	Non	08-	NA	23-10-2021	17-12-2021
HARANADH	Applicable
				Independent	1966

Director

11	Mr	ANINDO	AEKPM7463D	06984371	Non-	Not	21-	Yes	18-05-	20-05-2022	20-05-2022
		MAJUMDAR			Executive -	Applicable	08-		2022
					Independent		1960
					Director
		VINOD			Non-		05-
				Executive -	Not		18-05-
12	Mr	KUMAR	AEEPP2650K	07280306	08-	Yes	26-05-2022	26-05-2022
		PIPERSENIA			Independent	Applicable	1957		2022
				Director
					Non-		06-
		RAJAT			Executive -	Not		18-05-
13	Mr	AASPS0932R	09616779	06-	Yes	26-05-2022	26-05-2022
		SACHAR			Independent	Applicable	1961		2022
					Director

Text Block

Textual Information(1)

suspended w.e..f 13/7/2022

Audit Committee Details
		Whether the Audit 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	03036417	NUTAN GUHA	Non-Executive -	Chairperson	26-05-2022
BISWAS	Independent Director
2	06984371	ANINDO	Non-Executive -	Member	26-05-2022
MAJUMDAR	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	01962996	S	Non-Executive -	Chairperson	12-04-2019	10-04-2022
		BALACHANDRAN	Independent Director
6	06564735	B POIYAAMOZHI	Non-Executive -	Member	12-04-2019	10-04-2022
Independent Director
7	03531392	ANOOP KUMAR	Non-Executive -	Member	12-04-2019	04-04-2022
SHARMA	Independent Director
8	01957227	KARTIK	Non-Executive -	Member	12-04-2019	10-04-2022
SUBRAMANIAM	Independent Director
Nomination and remuneration committee
	Whether the Nomination and remuneration 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	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
MAJUMDAR	Independent Director
5	01962996	S	Non-Executive -	Chairperson	12-04-2019	10-04-2022
		BALACHANDRAN	Independent Director
6	03531392	ANOOP KUMAR	Non-Executive -	Member	12-04-2019	04-04-2022
SHARMA	Independent Director
7	01957227	KARTIK	Non-Executive -	Member	12-04-2019	10-04-2022

		SUBRAMANIAM	Independent Director
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	06564735	B POIYAAMOZHI	Non-Executive -	Chairperson	12-04-2019	10-04-
Independent Director	2022
2	01962996	S		Non-Executive -	Member	12-04-2019	10-04-
BALACHANDRAN	Independent Director	2022
3	09084442	GYV VICTOR		Executive Director	Member	11-11-2021		Textual
		Information(1)
				Sr Text Block
Textual Information(1)	suspended w.e.f. 13/7/2022
Risk Management Committee
	Whether the Risk Management Committee has a Regular Chairperson	Yes

Sr	DIN	Name of Committee	Category 1 of directors
Number	members
1	03531392	ANOOP KUMAR	Non-Executive
SHARMA	Director
2	07295378	P L HARANADH	Executive Director
3	09084442	GYV VICTOR	Executive Director
4	00000000	S V PRASAD	JOINT GENERAL
MANAGER
5	00000000	GVR MURTHY	GENERAL
MANAGER

Category 2 of	Date of	Date of	Remarks
directors	Appointment	Cessation
Chairperson	16-06-2021	04-04-2022
Member	23-10-2021
Member	16-06-2021
Member	16-06-2021
Member	16-06-2021

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	Remarks
Number	members	directors	Appointment	Cessation
1	01957227	KARTIK	Non-Executive -	Chairperson	30-05-2019		10-04-2022
SUBRAMANIAM	Independent Director
2	06564735	B POIYAAMOZHI	Non-Executive -	Member	30-05-2019		10-04-2022
Independent Director
3	03531392	ANOOP KUMAR	Non-Executive -	Member	30-05-2019		04-04-2022
		SHARMA	Independent Director
Other Committee
Sr	DIN	Name of Committee	Name of other	Category 1 of	Category 2 of	Remarks
Number	members		committee	directors		directors

Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory

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

• 15-03-2022

210-05-2022

330-05-2022

Maximum gap	Notes for	Whether	Number of Directors	No. of
Independent
between any two	not	requirement	present* (All directors
Directors
consecutive (in	providing	of Quorum	including Independent
attending the
number of days)	Date	met (Yes/No)	Director)
meeting*
		Yes	9	4
55		Yes	6	1
19		Yes	7	3

Annexure 1

IV. Meeting of Committees
			Disclosure of notes on meeting of committees explanatory
			Maximum gap				Number of	No. of
		Date(s) of meeting			Whether	Directors
		between any		Reson for	Independent
	Name of	(Enter dates of	Name of	requirement	present* (All
Sr	Previous quarter and	two	other	not	of Quorum	directors	Directors
Committee	consecutive (in	providing	attending
	Current quarter in	committee	met	including
		chronological order)	number of		date	(Yes/No)	Independent	the
		days)			meeting*
						Director)
1	Audit	14-02-2022				Yes	4	4
Committee
2	Audit	30-05-2022	104			Yes	3	2
Committee

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

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

Annexure 1

VI. Affirmations

Sr Subject

• The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015

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

• The 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 500 listed entities)

Compliance status (Yes/No)

Yes

Yes

Yes

Yes

Yes