Cyient Appoints Mr. Muralidhar Yadama as Independent Director
Cyient Ltd has approved the appointment of Mr. Muralidhar Yadama as a Non-Executive, Independent Director. The Board of Directors ratified this decision on 23 July 2026.The company confirmed that the appointment is subject to shareholder approval and granted him a term for five consecutive years.
Mr. Yadama's appointment addresses the change in the board composition. As noted in the corporate record, Mr. Muralidhar Yadama holds a Degree in Bachelor of Engineering in Ceramic & Cement Technology.
Director Profile and Qualifications
The following details provide insight into Mr. Yadama’s professional background:| Particular | Details |
|---|---|
| Reason for Appointment | Appointment as Independent Director of the Company. |
| Date and Term | Effective from 23 July 2026, with a term of five years, pending shareholder approval. |
| Professional Background | Mr. Yadama has significant experience in the building material industry, having demonstrated expertise in creating and operating successful companies across several decades. He is currently the Managing Director of MYK Laticrete and the Founder & Director of MYK Arment. |
| Expertise | As the Managing Director of MYK Laticrete, he utilizes his technical proficiency in ceramic and cement engineering to provide cutting edge solutions to the construction industry. |
| Relationship Status | Mr. Yadama is not related to any of the Directors or Key Managerial Personnel or Promoter group of Cyient Ltd. |
Mr. Yadama meets all prescribed criteria for independence under relevant regulations. Furthermore, he is confirmed not to be debarred from holding the office of director by virtue of any SEBI order or other such authority.
CYIENT Stock Price Movement
Shares of Cyient Limited settled lower today, shedding 1.29% to close at ₹830.65. The stock traded in an intraday range between ₹827.35 and ₹848.45, with a total traded volume amounting to 168,679 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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