Cyient DLM Ltd. Company History and Annual Growth Details

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.

2025

-Cyient Group and Deutsche Aircraft Expand Strategic Partnership to Collaborate on Advanced Cabin Management System.

-The Company Secures Long-Term Avionics Manufacturing Award from Thales.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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