Cyient DLM Ltd (CYIENTDLM)

Cyient DLM Limited was originally incorporated as a private limited company with the name Rangsons Electronics Private Limited at Mysuru Karnataka on June 30 1993. The name of Company changed to Cyient DLM Private Limited on January 18 2017. Subsequently Company was converted to a public limited company pursuant to a special resolution on November 25 2022 and the name changed to Cyient DLM Limited on December 13 2022 consequent upon conversion to public limited and change of name issued by the RoC.The Company is a leading consultingled industrycentric technology solutions company. The Company provide total electronic manufacturing solutions in the fields of medical industrial automotive telecommunication defense and aerospace applications and machining of components for aerospace automotive and defense industries. It enables customers to apply technology imaginatively across their value chain to solve problems that matter. The Company has three manufacturing facilities spread across two states with two facilities in the state of Karnataka situated at Mysuru and Bengaluru and one in the state of Telangana situated at Hyderabad. Their manufacturing facilities are equipped with stateoftheart equipment for the purposes of the advanced electronics we manufacture. The staff at Mysuru and Bengalurumanufacturing facilities operate from product development areas which span 65929 sq. ft. and 12200 sq. ft. respectively with dedicated SMT lines and PTH lines.Further the Company has a workforce of 616 qualified and skilled manufacturing personnel which is supported by a new product introduction NPI and engineering team of a total of 68 engineers on technical aspects and provide value added services like design for assembly design for manufacturing design for testing design for packaging and process engineering. On February 21 2018 a Scheme of Amalgamation for Merger between the Company and Techno Tools Precision Engineering Private Limited an erstwhile wholly owned subsidiary of the Company was approved and the entire business and undertaking of Techno Tools were transferred to and vested in the Company from the date the Scheme which was effective from April 1 2017. Apart from merger a manufacturing facility was established in Hyderabad since 2020. In 2022 the Company introduced a New Product with Honeywell Inc. for the supply of next generation cockpit avionics modules.The Company is planning to raise capital from Public Rs 740 crores through Fresh Issue..

Share Price: ₹690.75 per share as on 29 Apr, 2024 04:01 PM
Market Capitalisation: ₹5,484.81Cr as of today
Listing date: 10 Jul, 2023
Chairperson Name: Krishna Bodanapu.