Indian Accounting Research Analyst, Trudence Capital Advisors

Nitin Mangal

Indian Accounting Research Analyst

Trudence Capital Advisors

Trudence Capital Advisors Private Limited is a SEBI-registered Research Analyst, holding SEBI registration number INH000015747. Our firm is dedicated to providing independent and unbiased research on Indian mid to large-cap companies. Trudence Capital is known for its counter-consensus views, with a focus on forensic research and on-ground primary investigations. Our research approach is thorough, involving detailed analysis of accounting practices and governance, alongside extensive channel checks.

Independent & Unbiased Research

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<a href="https://www.smartkarma.com/entities/dredging-corp-of-india-ltd" target="_blank" data-smartkarma-citation="entities:2017:1" rel="noopener">Dredging Corp Of India (DCIL IN)</a> has been seeing a heavy churn in top personnel lately, including the most critical sacking of MD and CEO, Mr. G.Y.V Victor.</li>
<li>It was reported that there has been suppression of facts, material misrepresentation of facts and false claims in support of his experience criteria submitted by GYV Victor.</li>
<li>This is a key governance red flag and the fact that the investigation was made after one year of his appointment indicates loopholes in the governance and recruitment controls.</li>
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Dredging Corp Of India (DCIL IN) has been seeing a heavy churn in top personnel lately, including the most critical sacking of MD and CEO, Mr. G.Y.V Victor.
It was reported that there has been suppression of facts, material misrepresentation of facts and false claims in support of his experience criteria submitted by GYV Victor.
This is a key governance red flag and the fact that the investigation was made after one year of his appointment indicates loopholes in the governance and recruitment controls.


Dredging Corp Of India: Lapse of Governance Controls

India

Dredging Corporation of India Ltd. carries out dredging activities which include executing capital and maintenance dredging for ports to open new parts and to expand the existing ports.  The Company is active in sand trap dredging as well as inland dredging.

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Dredging Corp Of India: Lapse of Governance Controls

The fact that the investigation was made after one year of his appointment indicates loopholes in the governance and recruitment controls.

Nitin Mangal