Cyient Dlm Limited has informed the Exchange regarding Appointment of Mr Rajendra Velagapudi as Chief Executive Officer of the company w.e.f. July 01, 2025.
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Cyient DLM has appointed Mr. Rajendra Velagapudi as the Chief Executive Officer of the company with effect from July 1, 2025. He will continue to serve as Managing Director, meaning he now holds both MD and CEO roles. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board. Mr. Velagapudi holds a B.Tech in Mechanical Engineering, an M.E. in Automobile Engineering, and an M.Sc. in Design of Rotating Mechanics from Cranfield University, and has prior experience with Ford, Bajaj Tempo, and Bharat Earth Movers. He holds 2,864 equity shares in the company and is not related to any director on the board.
This is a leadership consolidation move with no change in board composition — Mr. Velagapudi was already Managing Director. Shareholders are unlikely to see any material impact on the stock, though combining MD and CEO roles can raise governance questions for some investors.