Cyient has announced the resignation of Ms. Matangi Gowrishankar as an Independent Director, effective January 22, 2026. She will also step down as Chairperson of the Leadership, Nomination, and Remuneration Committee, and from the Boards of Cyient Inc. and Cyient Europe Limited. The resignation is for personal reasons.
Board Transition
Cyient Ltd. announced that Ms. Matangi Gowrishankar has resigned from her position as an Independent Director of the company, effective January 22, 2026. This announcement was made to the BSE Limited and the National Stock Exchange of India Ltd on January 22, 2026.
Committee and Subsidiary Roles
Consequent to her resignation, Ms. Gowrishankar will no longer serve as the Chairperson of the Leadership, Nomination, and Remuneration Committee. Additionally, she will step down from the Boards of Directors of Cyient Inc. and Cyient Europe Limited, both material subsidiaries of Cyient Ltd.
Director’s Other Board Positions
Ms. Matangi Gowrishankar held directorships in several listed entities. These included:
- Greenlam Industries Limited
- Akums Drugs and Pharmaceuticals Limited
- Gujarat Pipavav Port Limited
- IDFC First Bank Limited
- Cohance Lifesciences Limited (Formerly Suven Pharmaceuticals Limited)
She has confirmed that there are no material reasons for her resignation other than those mentioned in her resignation letter.
Source: BSE
