Cyient Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
CYIENT · price
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Cyient Limited has announced the results of its postal ballot conducted on 15 May 2025, in which shareholders approved the appointment of Mr. Sukamal Banerjee Mirnal (DIN: 10535670) as Executive Director and Chief Executive Officer of the company by an ordinary resolution. The resolution received overwhelming support, with 81,011,283 votes (99.9%) in favour and only 79,809 votes (0.1%) against, out of 81,091,092 total votes polled (73.03% polling). The postal ballot process was conducted through remote e-voting, with Kfin Technologies as the e-voting agency, and the scrutinizer confirmed the process was fair and transparent. Mr. Banerjee Mirnal's appointment was formalised after this shareholder approval, as required under the Companies Act and SEBI LODR regulations.
Shareholders have formally cleared a new CEO at Cyient, an important leadership change that may shape the company's strategic direction going forward. The near-unanimous approval (99.9%) signals strong shareholder confidence in the appointment, which is generally a positive signal for stock sentiment.