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Company Information

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CYIENT DLM LTD.

25 April 2025 | 12:00

Industry >> Electronics - Equipment/Components

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ISIN No INE055S01018 BSE Code / NSE Code 543933 / CYIENTDLM Book Value (Rs.) 118.20 Face Value 10.00
Bookclosure 27/06/2024 52Week High 870 EPS 8.58 P/E 53.79
Market Cap. 3661.56 Cr. 52Week Low 379 P/BV / Div Yield (%) 3.91 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.

The Company was originally incorporated as `Rangsons Electronics Private Limited' at Mysuru, Karnataka as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 30, 1993 issued by the Registrar of Companies, Karnataka at Bengaluru. The name of the Company was changed to `Cyient DLM Private Limited' pursuant to a special resolution passed by the Shareholders on December 22, 2016 and a fresh certificate of incorporation pursuant to a change of name dated January 18, 2017 was issued by the Registrar of Companies, Karnataka at Bengaluru. Subsequently, pursuant to a change in the registered office by way of a resolution passed by the Shareholders on August 1, 2019, a certificate of registration of regional director order in relation to the change of State was issued by the RoC on July 3, 2020. the Company was converted from a private limited company to a public limited company pursuant to a special resolution passed by the Shareholders on November 25, 2022, and the name of the Company was changed to `Cyient DLM Limited'. A fresh certificate of incorporation dated December 13, 2022 consequent upon change of name on conversion to a public limited company was issued by the RoC.

Major events and milestones of the Company :

1993

- Incorporation of the Company.

2015

- Acquisition of 1,011,580 Equity Shares amounting to 74.00% of the equity share capital of the Company by
Cyient Limited.

2016

- Change in the name of the Company from `Rangsons Electronics Private Limited' to `Cyient DLM Private
Limited'.

2018

- Merger of Techno Tools Precision Engineering Private Limited, an erstwhile wholly owned subsidiary, into of the Company.

2019

- Acquisition of remaining 355,420 Equity Shares amounting to 26.00% of the equity share capital of the
Company by Cyient Limited.

2020

- Established a manufacturing facility in Hyderabad.

2022

- Entered into a New Product Introduction Contract with Honeywell Inc. for the supply of next generation cockpit avionics modules.

Awards, accreditations and recognitions received by the Company :

2000

- Awarded the "Supplier Performance Award" by GE Medical Systems, South Asia.

2005

- Awarded the "Best Supplier - Printed Circuit Assembly for 2004-05" by Larsen and Toubro Limited.

2007

- Awarded the "Best Supplier Award - Printed Circuit Assembly for the year 2006-07" by Larsen and Toubro
Limited.

2011

- Awarded for "Excellence in Quality, Cost & Delivery for the year 2010" by Bosch Limited.

2012

- Awarded for "High Growth in Electronic Hardware Exports - Tier II & III Region in 2011-12" by Software
Technology Parks of India.

2013

- Awarded for "Excellence in Quality, Cost & Delivery for the year 2012" by Bosch Limited.

- Awarded the "Award for ABB Sustainability" by ABB Inc.

2014

- Awarded the "Bosch Supplier Award" for the India region by Bosch Limited.

- Awarded the "Supplier Award" by ABB Inc.

- Awarded the "Best Electronics Manufacturing Services Company Award" by India Electronics and Semiconductor Association (IESA).

- Awarded for "Best Performance in Highest Growth in Electronic Hardware Exports - Tier II & III Region in 2013-14" by Software Technology Parks of India.

2015

- Awarded the "Performance Award" by ABB Inc.

- Awarded for "Best Performance in High Growth in Electronic Hardware Exports - Tier II & III Regions in 2014-15" by Software Technology Parks of India.

2017

- Awarded the "Lakshya 2020" award by Bosch Limited.

2019

- Awarded the "Platinum (First) Prize in Manufacturing Sector (Medium Category)" by Federation of Indian
Chambers of Commerce and Industry (FICCI).

2020

- Awarded for "On Conformity Delivery performance" by the Thales Group.

- Awarded for being the "Highest Exporter in Electronic Hardware - Tier II & III Region in 2019-20" by Software Technology Parks of India.

2021

- Awarded the "Partnership Recognition for 2020-21" certificate by Bharat Electronics Limited.

2022

- Received accreditation from NADCAP for "Electronics - Cable and Harness Assemblies".

- Received accreditation from NADCAP for "Electronics Printed Board Assemblies".

2024 - Cyient DLM inks pact with Arcedo Systems to set up 500 kWp solar power plant in Mysore. -Cyient DLM Expands Global Footprint with Strategic Acquisition of US-Based EMS Manufacturer. -Cyient DLM Inks Production Contract with Boeing. -Cyient DLM Honoured withNational Export Excellence Award 2024.