Cyient Limited has announced strategic leadership transitions to accelerate its next phase of organizational evolution. Effective April 1, 2026, Prabhakar Atla will transition from Chief Financial Officer to Chief Operating Officer, while Shrinivas Kulkarni has been appointed as the new Chief Financial Officer.

These appointments reflect Cyient's continued evolution toward a performance-driven operating model and its broader growth strategy aligned with the company's Embracing Intelligence way of working – integrating Human Knowledge, Domain Expertise, and Technology to maximize stakeholder value.

Leadership Transition Details

The board meeting held on March 3, 2026, approved these strategic appointments based on recommendations from the Leadership, Nomination and Remuneration Committee and the Audit Committee. The leadership changes are designed to support Cyient's AI-led growth trajectory and operational excellence agenda.

Prabhakar Atla's Transition to COO

Prabhakar Atla, currently serving as Chief Financial Officer, will assume the role of Chief Operating Officer. A Cyient veteran with more than two decades of leadership experience, Atla has played a pivotal role in strengthening the company's strategic direction and business resilience.

As COO, he will be responsible for scaling next-generation delivery models, developing future-ready talent, and enriching client experience through effective operating models. His focus will be on improving execution agility, driving operational scalability, and achieving excellence in customer-centric delivery.

Shrinivas Kulkarni Appointed as CFO

Shrinivas Kulkarni, who most recently served as CFO of Cyient DLM, will assume the role of Chief Financial Officer of Cyient Limited. Kulkarni has led multiple initiatives in the Cyient group over the last decade, driving financial discipline, operational efficiency, improved cash conversion, and margin expansion.

In his new role, he will be responsible for guiding Cyient's global financial strategy, managing investor relations, and overseeing business finance to support competitiveness and industry-leading profitability. His expertise spans Corporate Finance, Business Finance, Treasury, Taxation, M&A, and Investor Relations.

Strategic Vision and Leadership Comments

Commenting on the leadership transition, Sukamal Banerjee, Executive Director and Chief Executive Officer of Cyient, stated that the company's next phase of growth requires leaders who combine deep institutional knowledge with a sharp execution mindset. He emphasized that these appointments reflect the company's commitment to financial rigor, performance excellence, and long-term stakeholder value creation.

Prabhakar Atla expressed his excitement about the transition, highlighting his 20-year journey at Cyient and the opportunity to build on the company's strong foundation in a broader capacity. Shrinivas Kulkarni emphasized finance's pivotal role in fueling strategic investments, bolstering profitability, and enhancing stakeholder value as Cyient accelerates its AI-led growth trajectory.

Regulatory Compliance and Communication

The appointments comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided required disclosures pursuant to relevant SEBI and exchange circulars regarding changes in Key Managerial Personnel.

The formal communication was signed by Deputy Company Secretary Ravi Kumar Nukala and submitted to both BSE Limited (Scrip Code: 532175) and National Stock Exchange of India Limited (Scrip Code: CYIENT). Additional information has been made available on the company's website at www.cyient.com .

Cyient Foundation concluded its Pitch Fest 2026 on February 24, 2026, marking a significant milestone in fostering student entrepreneurship across Telangana and Andhra Pradesh. The finale, organised in partnership with ICT Academy, brought together promising student entrepreneurs from leading engineering institutions to showcase innovative and socially relevant business ideas.

Programme Participation and Scale

The entrepreneurship development initiative witnessed remarkable participation across the region:

Innovation Sectors and Training

The presented ideas spanned diverse sectors, demonstrating the breadth of student innovation. Concepts ranged from art cafés promoting local artisans and musicians to innovations in agricultural mechanisation, solar energy efficiency, and technology-enabled applications designed to sustain continuous education.

Participants underwent comprehensive development through:

• Awareness sessions on entrepreneurship fundamentals
• Intensive training programmes
• Personalised mentoring from industry experts
• Multiple rounds of evaluation and live pitching sessions

Winners and Recognition

Following rigorous evaluation before an eminent jury, five outstanding ideas were selected as winners. Each winning team received cash awards in recognition of their innovation and entrepreneurial spirit.

Leadership Perspective

Dr. B.V.R. Mohan Reddy, Founder Chairman, Cyient, emphasised the initiative's broader impact: "Innovation is not just about technology; it is about the courage to solve real-world problems with creativity and purpose. Through the Cyient Foundation Pitch Fest, we are investing in young minds who have the potential to become nation builders."

He highlighted how students are combining technical knowledge with entrepreneurial thinking to develop solutions that can positively impact communities and industries alike.

Foundation's Commitment

The Pitch Fest 2026 reflects Cyient Foundation's continued commitment to empowering youth through education, skill development, and innovation-led opportunities. By nurturing entrepreneurial capabilities at the grassroots level, the Foundation aims to create a strong pipeline of future-ready leaders and changemakers. The initiative demonstrates the power of collaboration between academia and industry in building an innovation-driven ecosystem that enables students to transform vision into viable ventures.