Dredging Corporation of India has informed that subsequent to the Share Purchase Agreement signed on 08/03/2019 entered into between the four Ports , Visakhaptnam Port Trust, Deendayal Port Trust, Jawaharlal Nehru Port Trust and Paradeep Port Trust, Rajesh Tripathi was appointed as Managing Director from 08/03/2019 to 01/02/2020 and the same was regularised in the Annual General Meeting held on 08/08/2019 by the Company; As such, the term of Rajesh Tripathi will come to an end on 01/02/2020. The Board in its 322nd Board Meeting held on 17/01/2020 accorded approval for appointment of Rajesh Tripathi as Additional Director (Wholetime Director – Managing Director) with effective from 02/02/2020 till his superannuation on 28/02/2021 on the same pay, perks and allowances as being paid now subject to approval of shareholders at the next Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Shipping Corpn. | 305.85 |
| GE Shipping | 1425.30 |
| Dredging Corp | 976.65 |
| Seamec | 1556.00 |
| Shreeji Ship.Global | 377.10 |
| View more.. | |
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