Cyient announced significant executive leadership changes approved by its Board of Directors on March 3, 2026. Mr. Shrinivas Kulkarni will be appointed as the new Chief Financial Officer effective April 1, 2026. Concurrently, the current CFO, Mr. Prabhakar Atla, will transition into the role of Chief Operating Officer on the same date. Both executives will collaborate during the transition period to ensure a smooth closure of the FY 2026 accounts.
Cyient Announces Key Management Transitions
On March 3, 2026, the Board of Directors of Cyient Limited approved significant organizational leadership changes based on the recommendations of the relevant Board Committees. The changes are set to take effect at the beginning of the new fiscal year, specifically on April 1, 2026.
Appointment of New Chief Financial Officer
The primary change involves the appointment of Mr. Shrinivas Kulkarni as the company’s new Chief Financial Officer (CFO). Mr. Kulkarni previously served as the CFO for Cyient DLM Limited, a subsidiary, where he successfully managed its IPO in 2023. His profile highlights extensive experience across Corporate Finance, Treasury, M&A, and Investor Relations. He is a Fellow member of the Institute of Cost and Management Accountants of India and has completed advanced leadership programs at Wharton and ISB.
Transition of Current CFO to COO Role
Mr. Prabhakar Atla, the incumbent Chief Financial Officer, will transition to the role of Chief Operating Officer (COO), also effective April 1, 2026. Mr. Atla brings nearly 30 years of experience in Business and P&L leadership, focusing heavily on Technology and Engineering sectors across multiple global geographies. His expertise covers segments like Communications, Semiconductor, and Aerospace & Defense.
Seamless Transition Period
To ensure continuity and a seamless conclusion to the financial year FY 2026, both appointees will work in tandem during the transition phase. The details regarding the change in Key Managerial Personnel (KMP) status, as required by regulatory guidelines, are provided in accompanying annexures. The information regarding this corporate event was recorded at 2055 Hrs IST on the date of the meeting.
Source: BSE
