Cyient Limited has informed the Exchange regarding Appointment of Mr Prabhakar Atla as Chief Operating Officer of the company w.e.f. April 01, 2026.
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Cyient Limited's board, at its meeting on 3 March 2026, approved two key leadership changes effective 1 April 2026. Mr. Prabhakar Atla, the current Chief Financial Officer with nearly 30 years of technology and engineering P&L experience, will transition from CFO to Chief Operating Officer. Mr. Shrinivas Kulkarni, currently the CFO of subsidiary Cyient DLM Limited (where he led the 2023 IPO), will be elevated to Group CFO. Both will work together during the transition to ensure smooth closure of FY2026 accounts. The changes were recommended by the Leadership, Nomination and Remuneration Committee and the Audit Committee.
This is an internal succession and role reshuffle rather than an outside hire, signalling leadership continuity and strong bench strength. Investors should view this positively as the new Group CFO brings proven IPO and finance leadership experience, and the move frees up the existing CFO to focus on operational scale-up as COO.