Dredging Corporation of India Limited (DCIL) marked a significant milestone as it unveiled its pavilion at the prestigious India Maritime Week 2025, held at the Mumbai Exhibition Centre. The event underscored DCIL's commitment to innovation and sustainability in the maritime sector.

Pavilion Inauguration

Dr. M. Angamuthu, IAS, Chairman of DCIL, led the inauguration ceremony of the company's pavilion. The carefully curated display highlighted DCIL's capabilities, ongoing projects, and technological advancements in the dredging sector.

Showcase of Excellence

The DCIL pavilion garnered widespread attention from visitors, maritime professionals, and industry stakeholders. Its engaging presentation and informative displays effectively communicated the company's expertise and contributions to India's maritime infrastructure.

Chairman's Commendation

Dr. Angamuthu expressed his appreciation for the pavilion's overall presentation, content, and professionalism. He praised the DCIL team, describing their efforts as "a great show, perfectly managed in all aspects." This endorsement reflects the dedication and meticulous planning invested in creating a showcase that truly represents DCIL's excellence.

Strategic Importance

The participation in India Maritime Week 2025 aligns with DCIL's ongoing efforts to:

1. Promote innovation in dredging operations
2. Enhance sustainability practices in the maritime sector
3. Support India's maritime infrastructure development
4. Contribute to the nation's blue economy initiatives

Corporate Governance Update

In a recent development, DCIL has initiated a postal ballot process for the appointment of Mr. Divakar Sanamandra as Managing Director and CEO (Additional Charge) for a six-month period from October 16, 2025, to April 15, 2026. This move demonstrates DCIL's commitment to maintaining strong leadership and corporate governance.

Conclusion

DCIL's prominent presence at India Maritime Week 2025 reinforces its position as a key player in India's maritime sector. The event provided a platform for the company to showcase its technological prowess and commitment to excellence, further solidifying its role in supporting the nation's maritime ambitions.

Dredging Corporation of India Limited (DCI) has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Divakar Sanamandra as Managing Director & CEO (Additional Charge). This move comes as part of the company's corporate governance procedures and compliance with regulatory requirements.

Key Details of the Appointment

About Mr. Divakar Sanamandra

Mr. Sanamandra brings extensive experience to the role:

• Started his career with DCI in 1987 as a cadet
• 38 years of experience in both onboard dredgers and onshore operations
• Rose from Cadet to Captain, achieving the position of "Master of Dredger"
• Served about 22 years onboard dredgers in various capacities
• 16 years in senior management positions onshore
• Holds a Dredge Master Grade-I Certificate of Competency

Postal Ballot Details

The company has outlined the following process for the postal ballot:

Additional Information

• Mr. Sanamandra will not receive any additional remuneration for holding the additional charge of MD & CEO.
• The appointment is subject to shareholder approval through the postal ballot process.
• The company has engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility.
• Shareholders can vote electronically through the NSDL e-voting system.

This appointment reflects DCI's commitment to maintaining strong leadership and ensuring continuity in its operations. Shareholders are encouraged to participate in the voting process to have their say in this important corporate decision.

Conclusion

The postal ballot for Mr. Divakar Sanamandra's appointment as MD & CEO (Additional Charge) represents a significant corporate action for Dredging Corporation of India Limited. With his extensive experience in the dredging industry and previous tenure as MD & CEO, Mr. Sanamandra's potential appointment could provide stability and experienced leadership to the company during this interim period.