Cyient DLM Independent Director Yadama Muralidhar ceases to be director
Cyient DLM Independent Director Yadama Muralidhar ceased to be director on July 20, 2026, upon completion of his tenure. He also stepped down from key board committees including Audit, Risk Management, and ESG and CSR.
*this image is generated using AI for illustrative purposes only.
Cyient DLM announced that Yadama Muralidhar ceased to be a Non-Executive Independent Director on July 20, 2026, upon the completion of his tenure. The company confirmed that the change occurred at the close of business hours. Consequently, Muralidhar also ceased to be a member of the Audit Committee, Risk Management Committee, and ESG and CSR Committee of the company.
The Board of Directors and management expressed their appreciation for Muralidhar's contributions during his tenure. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The cessation was due to the completion of the director's tenure and was not attributable to any other reason. The company stated that there are no other material reasons for the change in board composition.
The following table details the event information:
| Particulars | Details |
|---|---|
| Date of occurrence of Event / Information | 20 July 2026 |
| Time of occurrence of Event/ Information | 18:00 hrs IST |
| Reason for change | Cessation upon completion of tenure as Independent Director |
Historical Stock Returns for Cyient DLM
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.80% | +14.24% | +42.74% | +86.37% | +42.57% | +59.40% |
Who will be appointed to fill the vacancy on the Audit Committee and Risk Management Committee?
How will the board composition change impact Cyient DLM's governance strategy moving forward?
Will the company announce a new Non-Executive Independent Director to replace Muralidhar?
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