The Board of Directors of Dredging Corporation of India (DCIL), along with its Nomination and Remuneration Committee, has approved the appointment of Capt. S. Divakar as Managing Director & Chief Executive Officer (Additional Director – Executive & Non-Independent) and Key Managerial Personnel (KMP) of the Company.
He will hold office as an Additional Director until the next General Meeting, to be convened within three months from the date of approval. Shareholders’ approval will be sought at the said meeting for his regular appointment as a Non-Independent & Executive Director.
Capt. Divakar brings over 35 years of rich and diverse experience in the dredging industry, marked by a unique blend of operational expertise and strategic leadership. He began his career with DCIL in 1987 as a Cadet under the prestigious All India Dredging Cadre (AIDC – V Batch). Over 22 years of seafaring service, he rose through the ranks from Cadet to Captain, ultimately serving as “Master of Dredger.” During this period, he commanded advanced dredgers and successfully executed numerous projects across India and overseas, including nearly seven years as Master.
Transitioning to shore-based leadership, he has spent more than 13 years in senior management roles, playing a pivotal role in operational planning, project execution, and techno-commercial decision-making. His deep technical knowledge is complemented by strong strategic and commercial acumen within the maritime sector.
He possesses extensive understanding of dredging requirements across Indian ports and maritime establishments, along with in-depth familiarity with government policies, regulatory frameworks, and industry guidelines. His ability to align operational efficiency with policy mandates has consistently enabled the delivery of cost-effective and sustainable solutions.
Known for his integrity, principled leadership, and results-driven approach, Capt. Divakar has been instrumental in driving performance and fostering organizational growth throughout his career.
His appointment comes at a significant juncture as DCIL continues to strengthen its position as India’s leading dredging organization while advancing its growth and expansion plans in the maritime infrastructure sector.
