CYIENTNSECyient LimitedMediumNeutral
Announced Mon, 18 Aug · 22:48 IST

Cyient Limited has informed the Exchange regarding Appointment of Mr P.R. Ramesh and Mr. Madan Pillutla as Non- Executive Independent Directors of the company w.e.f. August 18, 2025.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Cyient Limited has appointed Mr. P.R. Ramesh and Mr. Madan Pillutla as Non-Executive Independent Directors on its Board, effective August 18, 2025. Both have been appointed for a term of 3 years, subject to shareholder approval. Mr. P.R. Ramesh is the former Chairman of Deloitte India with over 40 years of experience and is a Fellow Member of ICAI. Mr. Madan Pillutla is currently the Dean & Professor of Organisational Behaviour at the Indian School of Business, with a long academic career including 22 years on the faculty of London Business School. The company confirmed that neither director is debarred by SEBI or any other authority, and neither is related to any existing director, KMP, or promoter of the company.

Likely market impact

The appointments strengthen the board with high-profile independent expertise in professional services and academia, which is a positive governance signal for shareholders. This is a routine board refreshment and is unlikely to have any direct impact on the stock price.