Cyient Board Approves Reappointment of Krishna Bodanapu and Committee Reconstitution

The Board of Directors at Cyient Ltd. approved the reappointment of Mr. Krishna Bodanapu as Executive Vice Chairman & Managing Director for a three-year term, effective April 3, 2026, pending shareholder approval. Additionally, the Board appointed independent directors to material subsidiaries and restructured the Audit & Risk Management Committees, naming Mr. Sunil Bhumralkar as the Lead Independent Director.

Key Board Approvals and Appointments

Cyient Ltd. announced that following the recommendation of the Leadership Nomination & Remuneration Committee, the Board has approved the reappointment of Mr. Krishna Bodanapu (DIN 00605187) as Executive Vice Chairman & Managing Director. This appointment is for a period of three consecutive years, commencing from April 3, 2026, and is subject to shareholder approval. Mr. Bodanapu, an alumnus of the Kellogg School of Management, has served on the Board since 2014. The filing also noted his relationship with the Founder Chairman, as he is the son of BVR Mohan Reddy.

Appointments in Material Subsidiaries

The Board also approved the appointment of independent directors on the Boards of the company’s material subsidiaries as mandated by regulations. The appointments include:

• Cyient Inc., US: Appointment of Mr. Sunil Bhumralkar.
• Cyient Europe Limited, UK: Appointment of Prof. Madan Pillutla.

Lead Independent Director Nomination

In a significant governance move, the Board formally nominated Mr. Sunil Bhumralkar, an existing Independent Director, to serve as the Lead Independent Director of the Company.

Audit & Risk Management Committee Reconstitution

The reconstitution of the Audit & Risk Management Committees was also approved. The new composition highlights the roles assigned to key directors:

The corporate filing confirming these decisions occurred on 31 March 2026 at 7:55 pm (IST).

Source: BSE