Dredging Corp.of India Ltd.

DREDGING CORPORATION OF INDIA LTD. (DCI)

Out of the paid-up capital of Rs.28 crore, Government of India is holding 98.56 per cent equity of the company. Today, the Government has decided that 20 percent equity of the Dredging Corporation of India Ltd. be offered for sale to the general public and also that the Advisors for the transaction be appointed by following the due procedure.