Dredging Corporation Of India Share price

OUR HISTORYThe MoS established and began operating a dredging pool the CentralDredging Organization (the "CDO") in 1966 to meet the dredgingrequirements of the Major Ports in India. The CDO's operations weresubsequently transferred to The Shipping Corporation of India in 1968.Since dredging operations are capital intensive and specialized and inresponse to the growing demand for dredging services in India the GoIincorporated Dredging Corporation of India Limited on March 29 1976 asa private company under the Companies Act. Our Company converted into apublic company on March 10 1992. In 1992 the GoI disinvested 1.44% ofits shareholding in our Company and the Equity Shares of our Companywere listed on BSE CSE and DSE. We have been declared a Mini Ratna -Category I public sector enterprise by a letter No. PD/28028/39/97-DCIdated November 8 1999 issued by the GoI and have been granted greaterautonomy with respect to financial and operational areas establishmentof joint ventures overseas offices and technology alliances amongother areas subject to the fulfillment by us of the conditionscontained in DPE Office Memorandum No.H/36/97-Fin dated October 91997.Our head office is located on the east coast of India at Visakhapatnam.We have project offices at Mumbai Kolkata Chennai New MangaloreParadip Haldia Visakhapatnam Cochin and Kandla.