CYIENT DLM LIMITED has informed the Exchange about Resignation of Independent director.
CYIENTDLM · price
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Mr. Madan Pillutla (DIN: 09280818) has resigned as an Independent Director of Cyient DLM Limited with effect from close of business hours on August 18, 2025. He cited pre-occupation as the reason and confirmed there are no other material reasons for his departure. He also held the position of Chairman of the Nomination and Remuneration Committee and was a Member of the CSR & ESG Committee, which he will step down from. He does not hold directorships in any other listed entities.
This is a routine independent director resignation for personal reasons with no governance red flags. The company will need to appoint a replacement independent director to maintain statutory board composition. Minimal expected impact on the stock price.