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Mrs. P Uma Gandhi has resigned as the Chief Financial Officer (CFO) of Dredging Corporation of India Limited, effective April 17, 2026. Her departure, attributed to personal reasons, marks a significant change in the company's Key Managerial Personnel.
Dredging Corporation of India Limited announced the resignation of P Uma Gandhi as Chief Financial Officer, effective April 17, 2026. The departure marks a change in the company's key managerial personnel. The company has not yet named a successor for the CFO position.
Smt. P. Uma Gandhi has resigned as General Manager (Finance), CFO, and KMP of Dredging Corporation of India Limited effective April 17, 2026. Her departure, cited for personal reasons, is subject to approval by the Competent Authority. The company will intimate the final status upon approval.
Dredging Corporation of India Limited signed a five-year MoU worth ₹2,157.07 Crore with Indian Oil Corporation Limited (IOCL). The agreement ensures steady fuel supply for DCI's dredging fleet across India, strengthening operational preparedness and maritime infrastructure services during global energy disruptions.
Dredging Corporation of India Limited (DCI) had its credit ratings reaffirmed by CareEdge Ratings for ₹669.10 Crore of bank facilities. Ratings for long-term facilities were reaffirmed at CARE BBB+; Stable. The rating reflects the company's strong parentage, growing order book, and continued promoter support despite maintenance-related margin pressures.
Dredging Corporation of India (DCIL) signed a strategic MoU with Colombo Dockyard PLC for regional maritime cooperation. The alliance focuses on ship repair, dry-docking, and joint shipbuilding projects to enhance DCIL's fleet lifecycle efficiency. This partnership strengthens maritime ties between India and Sri Lanka and expands regional infrastructure capabilities.
Dredging Corporation of India Limited (DCIL) signed a strategic MoU with Colombo Dockyard PLC for ship repair and shipbuilding. The alliance focuses on vessel maintenance, fleet modernization, and regional maritime infrastructure. This partnership strengthens maritime ties between India and Sri Lanka while enhancing DCIL's operational lifecycle efficiency.