Cyient independent director Nitin Prasad completes tenure
- Nitin Prasad ceased to be an Independent Director of Cyient on September 21, 2026.
- The cessation follows the completion of his three-year tenure.
- Prasad also vacated his role on the Leadership, Nomination and Remuneration Committee.
*this image is generated using AI for illustrative purposes only.
Cyient Ltd announced that Nitin Prasad ceased to be a Non-Executive Independent Director effective September 21, 2026. His departure follows the completion of his three-year tenure with the company.
Consequently, Prasad also stepped down from his position as a member of the Leadership, Nomination and Remuneration Committee. The Board acknowledged his contributions during his time as an independent director.
The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the cessation is due solely to the completion of the term and is not attributable to any other material reason.
| Particular | Details |
|---|---|
| Reason for change | Cessation upon completion of the term of three years’ tenure |
| Date of cessation | September 21, 2026 (24:00 hrs midnight) |
Historical Stock Returns for Cyient
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.54% | -0.41% | +18.20% | +27.84% | -15.06% | -1.70% |
Who will the Board appoint to fill the vacancy on the Leadership, Nomination and Remuneration Committee?
Will Cyient look for a successor with similar industry experience to maintain board diversity?
How might this leadership change impact the company's strategic direction over the next fiscal year?
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