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  • Cyient DLM Appoints Suresh Narayan as CFO After RM Subramanian Resigns

    Cyient DLM Appoints Suresh Narayan as CFO After RM Subramanian Resigns

    Hyderabad: Cyient DLM Limited has appointed Suresh Narayan as its new Chief Financial Officer (CFO), effective 13 November 2026, following the resignation of RM Subramanian from the position.

    The leadership change at Cyient DLM, a listed subsidiary of Cyient Limited, was disclosed to the stock exchanges on 13 November under Regulation 30 of the SEBI listing regulations.

    The appointment of Suresh Narayan comes a day after RM Subramanian submitted his resignation from the company.

    The board approved the new CFO appointment at its meeting held on 13 November 2026, following recommendations from the Nomination and Remuneration Committee and the Audit Committee.

    The company said the transition was planned to ensure business continuity and facilitate a smooth transfer of responsibilities.

    Why Did RM Subramanian Resign From Cyient DLM?

    RM Subramanian submitted his resignation letter on 12 November 2026, addressed to Rajendra Velagapudi, Managing Director and CEO of Cyient DLM.

    In his letter, Subramanian referred to discussions held the previous day and stated that “due to professional reasons (for pursuing better career opportunities)” he would like to resign from the services of the company.

    The resignation letter does not specify a fixed relieving date. Instead, Subramanian stated that he was “happy to discuss and decide on a mutually convenient date”.

    According to the company’s stock exchange disclosure, 12 November 2026 has been recorded as the date of resignation. However, the filing does not specify when Subramanian’s responsibilities at Cyient DLM will officially come to an end.

    Who Is Suresh Narayan, Cyient DLM’s New CFO?

    Suresh Narayan brings more than 20 years of experience in finance, with expertise spanning financial planning and analysis, investor relations, pricing, commercial strategy and business finance.

    Narayan has been associated with the Cyient organisation since 2006 and has held multiple leadership positions across finance and business functions.

    His experience within the organisation includes being part of the core team that executed Cyient DLM’s initial public offering (IPO) in 2023.

    With his long association with the organisation and familiarity with its financial operations, Suresh Narayan is expected to lead the finance function following the leadership transition.

    Academically, Narayan holds an MBA from the University of Mysore. He has also completed the Advanced Management Program in Operations and Supply Chain from the Indian School of Business (ISB).

    Cyient DLM stated that Narayan’s experience within the organisation and understanding of its financial and strategic priorities position him well to lead the finance function.

    The company added that the appointment reflects its focus on leadership succession and the development of internal talent.

    RM Subramanian’s Tenure as Cyient DLM CFO

    RM Subramanian was appointed Chief Financial Officer and Key Managerial Personnel (KMP) of Cyient DLM on 24 October 2025.

    His tenure as CFO therefore lasted a little over a year.

    During his time in the position, Subramanian headed the finance function at Cyient DLM. He also represented the company during its financial results discussions.

    On the company’s Q3 FY26 earnings call held in January 2026, Subramanian presented the consolidated financial results and responded to questions from analysts.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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