Cyient DLM Announces Cessation of Independent Director Mr. Yadama Muralidhar
Cyient DLM Ltd has announced the completion of tenure for independent director, Mr. Yadama Muralidhar, effective 20 July 2026. This transition means he will cease to be a Non-Executive Independent Director at the close of business hours on that date.Upon the completion of his term, Mr. Muralidhar will also conclude his membership of several key governance bodies within the company. These roles include the Audit Committee, the Risk Management Committee, and the ESG and CSR Committee.
The Board of Directors and the management of Cyient DLM placed its deep appreciation for the contributions made by Mr. Yadama Muralidhar during his time serving as an independent director of the company.
Key details regarding the event are provided below:
| Event Detail | Information |
|---|---|
| Date of Cessation | 20 July 2026 |
| Time of Cessation | 18:00 hrs IST |
| Reason for Change | Cessation upon completion of tenure as Independent Director |
The company has noted the change in Board composition and provided the necessary details concerning Mr. Muralidhar's departure due to the conclusion of his appointed term.
CYIENTDLM Stock Price Movement
Cyient DLM Limited shares edged higher today, settling at ₹596.05 after gaining 2.65% in post-market trading. The stock traded actively during the session, with a volume of 684,761 shares recorded against an intraday range that stretched from ₹570.2 to ₹602.95.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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