Posted on November 11, 2025
Overview
Dredging Corporation of India Limited (DCI) has appointed Shri Gaurav Dayal, IAS, as an Additional Director (Promoter-Non Executive) effective November 7, 2025. Dayal, currently the Chairman of Jawaharlal Nehru Port Authority, brings over two decades of administrative experience. Simultaneously, Shri Unmesh Sharad Wagh, IRS, has ceased to be a Director. Dayal’s appointment is subject to formal approval at the next General Meeting or through Postal Ballot within three months.
Dredging Corporation of India Limited (DCI) has announced significant changes to its board of directors, marking a shift in its corporate governance structure. The company has appointed a new director and bid farewell to another, effective November 7, 2025.
New Appointment
Shri Gaurav Dayal, IAS, has been appointed as an Additional Director (Promoter-Non Executive) of DCI. This appointment brings a wealth of administrative experience to the company’s leadership.
Appointment Approval
The appointment of Shri Gaurav Dayal is subject to formal approval, which is expected to be obtained through one of the following methods:
- At the next General Meeting
- Through Postal Ballot within three months
Simultaneous Departure
Coinciding with Shri Dayal’s appointment, DCI announced the departure of another board member:
Additional Information
DCI has confirmed that the newly appointed director, Shri Gaurav Dayal, is not related to any existing Directors or Officers of the company. This disclosure aligns with corporate governance best practices, ensuring transparency in board appointments.
These changes in DCI’s board composition may potentially influence the company’s strategic direction and governance approach in the coming years.
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