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Dredging Corporation of India Limited has disclosed the results of a recent postal ballot where shareholders voted on the extension of Shri Durgesh Kumar Dubey’s term as Managing Director and CEO (Additional Charge) until April 15, 2025. The remote e-voting took place from December 1 to December 30, 2024, with a cut-off date of November 22, 2024. Out of the valid votes, approximately 99.99% voted in favor of the resolution, indicating strong shareholder support for the continuation of leadership. This positive outcome may enhance investor sentiment and reflects confidence in the company's governance and strategic direction.
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