Dredging Corporation of India Limited has appointed Capt. S Divakar as Managing Director and Chief Executive Officer, effective March 25, 2026. The company’s leadership team approved the appointment, with Capt. S Divakar slated to serve as an Additional Director until the next General Meeting, at which shareholders will be asked to approve his regular appointment as a Non-Independent and Executive Director until he attains the age of 60, or until further orders. This signals a careful succession plan aimed at continuity in the company’s strategic direction.
Capt. S Divakar’s career with DCI spans more than three decades. He joined the organization as a cadet under the All India Dredging Cadre in 1987 and advanced through onboard roles to become a Master of Dredger. He later moved to shore operations in senior management, accumulating a blended expertise in both dredging operations and techno-commercial aspects of the business. His long tenure and hands-on background across both vessel operations and onshore leadership are positioned as a defining element of his leadership profile.
The arrangement outlines a phased governance transition: Capt. Divakar will hold the role of MD & CEO as an Additional Director ahead of the general meeting, where shareholders will determine his regular appointment. If approved, he will serve as a Non-Independent and Executive Director until age 60, or per any further orders. In a sector where large dredging projects and critical infrastructure depend on steady, capable leadership, the appointment is being watched as a key moment for DCI’s strategic execution and operational resilience.