Cyient Seeks Shareholder Approval for Independent Director Appointment
Management Change
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
10th Sep 2026
Key Resolution Details
- Special Resolution: Appointment of Mr. Murali Yadama (DIN:00034952) as Non-Executive Independent Director
- Term: 5 consecutive years from 23 July 2026 to 22 July 2031
- Appointment Type: Not liable to retire by rotation
Voting Process Details
- Voting Method: Remote e-voting conducted through KFin Technologies Limited (RTA)
- Cut-off Date: 04 September 2026 (for eligibility to vote)
- Voting Period: 11 September 2026 (9:00 AM IST) to 10 October 2026 (5:00 PM IST)
- Result Declaration: On or before 11 October 2026
- Scrutinizer: Mr. Manish Kumar Singhania, Practicing Company Secretary (Membership No. ACS 22056, CP No. 8068)
Director Profile - Mr. Murali Yadama
- DIN: 00034952
- Nationality: Indian
- Date of Birth: 16 April 1972 (54 years)
- Qualification: Bachelor of Engineering in Ceramic & Cement Technology
- IICA Registration: IDDB-DI-202004-024337
- Current Positions: Vice-Chairman & Managing Director of MYK Laticrete India Pvt Ltd, Founder & Director of MYK Arment
- Experience: Over two decades in construction materials industry with expertise in manufacturing, strategy, and governance
- Shareholding in Cyient: Nil
- Board Meetings Attended: 0 out of 1 held since appointment
Appointment Details
- Initial Appointment: As Additional Director in independent capacity on 23 July 2026
- Declaration Submitted: Meets independence criteria under Section 149(6) of Companies Act, 2013 and Regulation 16 of SEBI Listing Regulations
- Remuneration: To be determined by Board/Leadership, Nomination and Remuneration Committee (LNR) in line with other Independent Directors
- Consent Obtained: DIR-2 form and DIR-8 declaration submitted
Document Accessibility
- Company Website: https://www.cyient.com/investors
- RTA Website: https://evoting.kfintech.com
- Stock Exchange Websites: BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com)
- Inspection: Documents available for inspection at registered office and via email to company.secretary@cyient.com
Additional Information
- Notice Distribution: Sent electronically to members with registered email addresses as of cut-off date
- Advertisement: To be published in English and Telugu newspapers with wide circulation in Hyderabad
- Voting Rights: Proportional to paid-up equity share capital as on 04 September 2026
- No Inter-se Relationship: Mr. Yadama has no relationship with other directors or KMPs