Dredging Corp plans ₹3,560 Crore capex to add 11 dredgers; Considers ₹1,000 Crore rights issue
Trade Brains28 Sep 2026AI generated
DCI is weighing a ₹1,000 crore rights issue to fund its five-year fleet build-out.
11 new dredgers at an indicative ₹3,560 crore over five years
12,000 m³ TSHD Dredge Godavari due in service FY2026-27, built at Cochin Shipyard with Royal IHC
FY2025-26 PAT of ₹4.75 crore against a ₹27.46 crore loss
Context
The rights issue option is new information added to the eleven-dredger plan DCI detailed at its golden jubilee AGM, where the Godavari was confirmed for FY2026-27 service.