Dredging Corporation of India Ltd (DCI), a top dredging firm in India, has confirmed the resignation of E Kiran as Chief Financial Officer (CFO). This sudden move creates a dramatic change in the company's highest level of financial leadership.
	 
	Highlights:
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		E Kiran has resigned from his post as CFO of Dredging Corporation of India
 
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		The firm has not disclosed a replacement or acting CFO yet
 
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		No reasons for Kiran's resignation were revealed in the regulatory filing
 
	This news is emerging at a time when DCI is coping with several issues and opportunities confronting the dredging industry. The CFO plays an important role in financial strategy as well as in investor relations, so this resignation is of concern to shareholders and market analysts alike.
	 
	The firm is likely to begin looking for a new CFO to facilitate a seamless transition and provide continuity in its financial activities. Investors will be eagerly waiting for any news regarding the succession plan and how it may affect DCI's financial strategy.
	 
	Source: Dredging Corporation of India Ltd regulatory filing to BSE, Economic Times, March 13, 2025