Dilip Balwant Vengsarkar is a former Indian cricketer and a cricket administrator. He was known as one of the foremost exponents of the drive. Along with Sunil Gavaskar and Gundappa Viswanath, he was a key player in the Indian batting line up in the late 70s and early 80s. He was a member of the Indian team that won the 1983 Cricket World Cup.Vengsarkar also led his national side to be the champions of the 1988 Asia Cup. He was also a part of the Indian squad which won the 1985 World Championship of Cricket. He went on to play until 1992.

The Colonel C. K. Nayudu Lifetime Achievement Award is an award presented by the Board of Control for Cricket in India (BCCI) to individuals who provided unparalleled contribution to Indian cricket. It is the highest honour bestowed by BCCI on a former player and is considered as one of the most prestigious awards in cricket. The award includes a trophy, citation, and cash prize of ₹25 lakh.