The Centre has appointed RBSA Advisors as transaction advisor for disinvestment of Dredging Corporation of India (DCIL). DCIL is a listed entity under the administrative control of the Ministry of Shipping. The Union government has decided to divest its entire 73.47% shareholding in DCIL through strategic sale at one go through a two-stage auction process. With a market capitalization of over Rs 20 billion, DCIL has emerged as a leading enterprise in India in the field of dredging over the years. The company's top line stands at Rs 6.01 billion, with earnings before interest, tax, depreciation, and amortization (Ebitda) of Rs 1.65 billion, said RBSA in a release.