Cyient Limited has announced the completion of tenure for its Independent Director, Mr. Nitin Prasad (DIN: 05261866). Effective September 21, 2026, Mr. Prasad has ceased to be a Non-Executive Independent Director and a member of the Leadership, Nomination and Remuneration Committee. The company expressed its deep appreciation for his contributions during his term.
Independent Director Departs After Tenure Completion
Cyient Limited has formally communicated the cessation of Mr. Nitin Prasad (DIN: 05261866) as a Non-Executive Independent Director. This change is effective from September 21, 2026, marking the completion of his stipulated term as an Independent Director. Consequently, Mr. Prasad has also stepped down from his role as a member of the company’s Leadership, Nomination and Remuneration Committee.
Appreciation and Governance Update
The Board of Directors and the management of Cyient Limited extended their sincere gratitude and deep appreciation for the valuable contributions made by Mr. Nitin Prasad during his tenure. The company confirmed that this cessation is solely due to the completion of his term and is not attributed to any other reasons. Further details regarding this change in the board composition have been provided in accordance with regulatory requirements.
Source: BSE
