Cyient Limited has informed the Exchange regarding 'Updates'.
CYIENT · price
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The Ministry of Corporate Affairs (MCA) has approved the appointment of Mr. Sukamal Banerjee (DIN: 10535670) as the Executive Director and Chief Executive Officer of Cyient Limited. His tenure is for five years, effective from 19 February 2025 to 18 February 2030. This is a follow-up to the company's earlier announcement made on 19 February 2025 regarding his appointment. The approval was granted under Section 196 of the Companies Act, 2013.
This formal regulatory approval solidifies the leadership transition at Cyient, providing stability and continuity in strategic direction. Shareholders can expect no disruption from the appointment, which was already in effect since February 2025.