Independent Director Vikas Sehgal ceases on completion of second five-year term
Mr. Vikas Sehgal (DIN 05218876) ceased to be a Non-Executive Independent Director of Cyient Ltd on 16 October 2026, on completion of his second term of five consecutive years.
By ScoutQuest · · 2 min read
- Cessation Date
- 16 October 2026
- Reason
- completion of his second term of five consecutive years
- DIN
- 05218876
What the update says
Cyient Ltd has informed BSE and NSE that Mr. Vikas Sehgal (DIN 05218876) has ceased to be a Non-Executive Independent Director of the company. The reason given is completion of his second term of five consecutive years as an Independent Director, with effect from 16 October 2026.
When the change took effect
- The event is shown as occurring on 16 October 2026.
- The time of occurrence is shown as 24:00 hrs IST.
- The company describes the change as cessation upon completion of tenure.
Committee positions also vacated
Along with the board seat, Mr. Sehgal ceased to be a member of two committees with effect from the same date:
- Stakeholders' Engagement Committee
- Environmental, Social and Governance (ESG) Committee
Board's note on record
The Board of Directors and the Management placed on record their appreciation and gratitude for the valuable contributions made by Mr. Vikas Sehgal during his tenure as an Independent Director.
How the update frames the exit
In the standard disclosure table for such changes, the company stated that the cessation is due to completion of tenure and not resignation, and that it is not attributable to any other reason. Items such as a brief profile for appointment and disclosure of relationships between directors were marked Not Applicable, since this was a cessation rather than a new appointment.
What this means for a retail investor
- This is a change in board composition that the company links to the end of a director's term, with the update saying no other reason applies.
- Mr. Sehgal served two terms, the second being five consecutive years, and both his board seat and his two committee memberships end on the same date.
- The update is an intimation of that change; the accompanying annexure carries the details required for such a change in board composition.
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More numbers
- Independent director term completed (second term)second
- Length of the completed termfive consecutive years
- Time of occurrence of the change24:00 hrs IST
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