Deals23 Mar 2026, 06:51 pm
Capt. S Divakar Appointed as Managing Director & CEO of Dredging Corporation of India Ltd
AI Summary
Dredging Corporation of India Ltd has appointed Capt. S Divakar as Managing Director & CEO. He is currently serving as an Additional Director - Executive & Non-Independent and KMP of the company. His appointment was approved at the meeting of the Nomination and Remuneration Committee and the Board of Directors held on 23.03.2026. His tenure as an Additional Director will last until the next General Meeting, where his regular appointment as a Non-Independent & Executive Director will be sought until he attains the age of 60 years or until further orders. Capt. Divakar has over 38 years of experience in DCI, having served both onboard dredgers and in senior management roles.
Key Highlights
- Capt. S Divakar appointed as Managing Director & CEO of Dredging Corporation of India Ltd
- His appointment approved at the meeting of the Nomination and Remuneration Committee and the Board of Directors
- To serve as an Additional Director - Executive & Non-Independent and KMP
- Regular appointment as Non-Independent & Executive Director sought until he attains the age of 60 years or until further orders
- Over 38 years of experience in DCI