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    CYIENT DLM LTD.

    20 December 2024 | 12:00

    Industry >> Electronics - Equipment/Components

    Select Another Company

    ISIN No INE055S01018 BSE Code / NSE Code 543933 / CYIENTDLM Book Value (Rs.) 114.62 Face Value 10.00
    Bookclosure 27/06/2024 52Week High 884 EPS 7.72 P/E 87.85
    Market Cap. 5375.77 Cr. 52Week Low 581 P/BV / Div Yield (%) 5.91 / 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".

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