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	31-12-2022
Risk management committee	Applicable
Market Capitalisation as per immediate previous Financial Year	Top 1000 listed entities

		Annexure I to be sub
		I. Comp
Disclosure of notes on composition of board of directors explanatory
Whether the listed entity has a Regular Chairperson	Yes
Whether Chairperson is related to MD or CEO	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

disqualific

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

I. Composition

Disclosure of notes on com

Whether the listed

Title

Category

Category

Date

Whether the

(Mr

Name of the

Category 1

Start Date of

End Date of

Detail

Sr

PAN

DIN

2 of

3 of

of

director is

/

Director

of directors

disqualification

disqualification

disqualif

directors

directors

Birth

disqualified?

Ms)

					Non-
		SANJAY			Executive -	Not	23-
5	Mr	AMKPS0981N	02235406	Non	09-	No
SETHI	Applicable
				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

I. Composition

Disclosure of notes on com

Whether the listed

Title

Category

Category

Date

Whether the

(Mr

Name of the

Category 1

Start Date of

End Date of

Detail

Sr

PAN

DIN

2 of

3 of

of

director is

/

Director

of directors

disqualification

disqualification

disqualifi

directors

directors

Birth

disqualified?

Ms)

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

Independent

Director

ARUN		Non-		26-
	Executive -	Not
11 Mr KUMAR	ACEPG1383Q 03310218	12- No
Independent	Applicable
GUPTA		Director		1955

Text Block

Textual Information(1)

Shri GYV Victor has been suspended on 13/07/2022

Textual Information(2)

Shri GYV Victor has been suspended on 13/07/2022

Audit Committee Details

Whether the Audit Committee has a Regular Chairperson

Yes

DIN

Name of

Category 1 of

Category 2 of

Date of

Date of

Sr

Committee

Remarks

Number

directors

directors

Appointment

Cessation

members

ANINDO

Non-Executive -

Textual

1

06984371

Independent

Chairperson

08-08-2022

03-12-2022

MAJUMDAR

Information(1)

Director

ARUN KUMAR

Non-Executive -

2

03310218

Independent

Member

08-08-2022

GUPTA

Director

Non-Executive -

3

09616779

RAJAT SACHAR

Independent

Member

26-05-2022

Director

SANJAY KUMA

Non-Executive -

4

06912891

Non Independent

Member

26-05-2022

12-12-2022

MEHTA

Director

VINOD KUMAR

Non-Executive -

5

07280306

Independent

Chairperson

12-12-2022

PIPERSENIA

Director

Sr Text Block

Textual Information(1)

Shri Anindo Majumdar ceased to be director of the company w.e.f 03/12/2022

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

12-12-2022

Independent Director

3

06912891

SANJAY KUMA

Non-Executive - Non

Member

18-05-2022

12-12-2022

MEHTA

Independent Director

4

06984371

ANINDO

Non-Executive -

Member

30-05-2022

03-12-2022

MAJUMDAR

Independent Director

5

09616779

RAJAT SACHAR

Non-Executive -

Member

08-08-2022

Independent Director

6

07280306

VINOD KUMAR

Non-Executive -

Member

12-12-2022

PIPERSENIA

Independent Director

7

07620951

K RAMA

Non-Executive - Non

Member

12-12-2022

		MOHANA RAO	Independent Director
Stakeholders Relationship Committee
	Whether the Stakeholders Relationship Committee has a Regular	Yes
				Chairperson
	DIN	Name of	Category 1 of	Category 2 of	Date of	Date of
Sr	Committee	Remarks
Number	directors	directors	Appointment	Cessation
	members
		VINOD KUMAR	Non-Executive -
1	07280306	Independent	Chairperson	08-08-2022
PIPERSENIA
		Director
		ANINDO	Non-Executive -
2	06984371	Independent	Member	08-08-2022	03-12-2022
MAJUMDAR
		Director
3	09675405	CAPT S	Executive Director	Member	08-08-2022
DIVAKAR
4	09084442	GYV VICTOR	Executive Director	Member	11-11-2021		Textual
	Information(1)
			Non-Executive -
5	09616779	RAJAT SACHAR	Independent	Member	12-12-2022
			Director

Sr Text Block

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

Corporate Social Responsibility Committee
Whether the Corporate Social Responsibility Committee has a Regular Chairperson	Yes
Sr	DIN	Name of Committee	Category 1 of	Category 2 of	Date of	Date of	Remarks

	Number	members	directors	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
4	09675405	CAPT S DIVAKAR	Executive Director	Member	12-12-2022

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	Maximum gap
	between any	Notes for	Whether
	meeting (if	meeting
	two	not	requirement
Sr any) in the	(if any) in
consecutive (in	providing	of Quorum
	previous	the current
	number of	Date	met (Yes/No)
	quarter	quarter
	days)
1	14-07-				Yes
2022
2	08-08-		24		Yes
2022
3		04-10-	56		Yes
	2022
4		10-11-	36		Yes
	2022

	Number of
Total	Directors	No. of
Number of	present* (All	Independent
Directors as	directors	Directors
on date of	including	attending the
the meeting	Independent	meeting*
	Director)
10	8	4
10	8	5
10	8	5
10	9	5

Annexure 1

IV. Meeting of Committees

Sr	Name of
Committee

Disclosure of notes on meeting of committees explanatory

Date(s) of
meeting	Maximum
(Enter dates	gap		Reson	Whether
of Previous	between	Name of	requirement
for not
quarter and	any two	other	of Quorum
providing
Current	consecutive	committee	met
quarter in	(in number		date	(Yes/No)
chronological	of days)
order)

Total			No. of
Number of		members
Number of	No. of
Directors	attending
Directors	Independent
Present (All	the
in the	Directors	Directors	meeting
Committee	attending
including	(other
as on date	the
Independent	than
of the	meeting*
Director)	Board of
meeting
		Directors)

• Audit Committee

• Audit Committee

08-08-2022		Yes	4	3	3	3
10-11-2022	93	Yes	4	4	3	3