Cyient Limited has announced significant leadership changes following its board meeting held on 3 March 2026. The board approved the appointment of Mr. Shrinivas Kulkarni as Chief Financial Officer and the transition of current CFO Mr. Prabhakar Atla to Chief Operating Officer, both effective 1 April 2026.

Board Meeting Outcomes

The board meeting, conducted based on recommendations from the Leadership, Nomination and Remuneration Committee and the Audit Committee, resulted in strategic leadership restructuring. The company has planned a collaborative transition period where both executives will work together to ensure seamless closure of accounts for FY 2026.

New Chief Financial Officer Profile

Mr. Shrinivas Kulkarni brings extensive experience in leading finance functions across multiple domains. His expertise spans Corporate Finance, Business Finance, Treasury, Taxation, M&A, and Investor Relations. He previously served as CFO of Cyient DLM Limited, a subsidiary of the company, after overseeing the IPO in 2023.

In his previous role at Cyient DLM, Kulkarni was responsible for driving financial and operational efficiency, corporate governance, business partnering, cost management, cash conversion, and margin improvement to accelerate growth and create value for shareholders.

Chief Operating Officer Transition

Mr. Prabhakar Atla, transitioning from his CFO position, brings nearly 30 years of Business and P&L Leadership experience with focus on Technology and Engineering. His expertise spans multiple industry segments and geographies, with particular strength in high performance global teams and turnaround scenarios.

Atla's experience covers multiple industry segments including Communications, Semiconductor, Energy, Aerospace & Defense, Industrial, Consumer and Rail, spanning various geographies. His expertise in execution of turnaround scenarios and sustainable business performance custodianship positions him well for the COO role.

Regulatory Compliance

The appointments comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided required disclosures pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoDI/P/CIR/2023/123 dated July 13, 2023, regarding changes in Key Managerial Personnel. Additional details have been disclosed as per BSE's Circular No. 20230714-34 and NSE's Circular No. NSE/CML/2023/57, both dated July 14, 2023.

The information has been made available on the company's website at www.cyient.com , ensuring transparency and regulatory compliance throughout the leadership transition process. The formal communication was signed by Company Secretary Sudheendhra Putty and submitted to both BSE Limited and National Stock Exchange of India Limited.

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.