Dredging Corporation of India appointed Susanta Kumar Purohit as an additional director effective September 14, 2026. The appointment follows the submission of his consent form to the company.

Purohit, a senior officer of the Indian Railway Service of Electrical Engineers (IRSEE), currently serves as Chairperson of Paradip Port Authority. He assumed this role on an additional charge basis on September 1, 2026, for six months or until further orders.

Board Approval and Regulatory Filings

The board approved Purohit’s appointment via resolution by circulation on September 4, 2026. The approval was subject to him obtaining a Director Identification Number or submitting his consent in Form DIR-2.

Paradip Port Authority communicated the signed Form DIR-2 via email on September 14, 2026. This submission triggered the effective date of his directorship. The company filed the intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Purohit will serve as an Additional Director (Promoter – Non-Executive & Non-Independent) until the next Annual General Meeting. Shareholders will seek his regular appointment as a Non-Executive Director at that meeting or through a postal ballot within three months of his appointment.

Profile and Experience

Purohit holds a Bachelor of Engineering in Electrical Engineering from Sambalpur University and a Post Graduate Diploma in Personnel Management & Industrial Relations from Andhra University. He is part of the 1996 batch of IRSEE.

Prior to his current assignment, he served as Joint Secretary in the Department of Chemicals & Petrochemicals. His career includes key positions in Indian Railways, the Ministry of Power, and the Government of Odisha.

He holds no shares in Dredging Corporation of India and has no other directorships in listed companies.

Dredging Corporation of India has been honoured with the "Dredging Company of the Year" Award 2026 at The Economic Times Global Ports & Shipping Awards. The recognition underscores the firm’s role in developing India’s port and maritime infrastructure over five decades.

Capt. S. Divakar, MD & CEO, received the award on behalf of the organisation. He described the honour as encouragement for the company’s continued focus on excellence, innovation, and nation-building.

Fleet Expansion and History

Established in 1976, Dredging Corporation of India began operations with a fleet of four dredgers. The company has since expanded to operate more than ten dredgers. This growth reflects its evolving capability in supporting national maritime development projects.

Stakeholder Acknowledgement

As part of its Golden Jubilee celebrations, the company acknowledged support from its four promoter ports: Visakhapatnam Port Authority, Paradip Port Authority, Jawaharlal Nehru Port Authority, and Deendayal Port Authority. Management also credited the Ministry of Ports, Shipping and Waterways for its guidance.

What the Numbers Show

The expansion from four to more than ten dredgers represents a significant increase in operational capacity. This fleet growth aligns with the company’s long-term tenure in the sector, suggesting sustained demand for its dredging services across major Indian ports.