Dredging Corporation of India Limited announced that P. Uma Gandhi, who has been serving as General Manager (Finance) and CFO, has tendered her resignation citing personal reasons. The resignation letter, dated April 8, 2026, states that she would cease to be CFO and KMP of the company, with the effective date subject to approval by the Competent Authority. The company added that once the Competent Authority approves the move, it will inform stakeholders accordingly.
The role of General Manager (Finance) and CFO is central to the company’s financial governance and strategic execution. With Gandhi stepping down, DCI faces a leadership transition in its finance function, underscoring the importance of a smooth and orderly handover as the organization continues its operations from Visakhapatnam.
The firm’s communication notes that the resignation will take effect only after the required approvals are obtained, and that an update will follow once the authority signs off. In the interim, DCI’s leadership will oversee the transition process and ensure continuity in financial oversight and statutory compliance.
DCI’s leadership transition highlights the ongoing importance of stable governance in a period of operational focus for the organization. As the company charts the next phase, the finance team will be watched for how it maintains momentum in budgeting, reporting, and safeguarding the company’s financial integrity.