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Cyient DLM Share Price Gains Over 2%; US Subsidiary Renamed from Altek Electronics to Cyient DLM Electronics Inc

Written by: Team Angel OneUpdated on: 23 Sept 2026, 4:23 pm IST
Cyient DLM Limited announces the name change of its US subsidiary from Altek Electronics, Inc. to Cyient DLM Electronics Inc, aligning with its global brand.
Cyient DLM Share Price Gains Over
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On September 23, 2026, Cyient DLM Limited officially announced a name change for its step-down subsidiary in the US, as per the exchange filings.  

The company, previously known as Altek Electronics, Inc., will now operate under the name Cyient DLM Electronics Inc. This change is part of a strategic move to align the US operations with the global Cyient DLM brand. 

Details of the Name Change 

The name change from Altek Electronics, Inc. to Cyient DLM Electronics Inc has been formally communicated to the BSE Limited and the National Stock Exchange of India Ltd.  

The company has clarified that this change is purely nominal and will not affect the ownership, business operations, assets, liabilities, contractual arrangements, or legal status of the entity. 

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Cyient DLM Limited has ensured that the information regarding this change is also available on its official website. 

Communication to Stock Exchanges 

On September 23, 2026, Cyient DLM Limited communicated the name change to both the BSE Limited, located at PJ Towers, Dalal Street, Mumbai, and the National Stock Exchange of India Ltd, situated at Bandra-Kurla Complex, Mumbai.  

This communication is part of the company's regulatory obligations to keep stakeholders informed about significant changes. 

Read More: Borosil Renewables Share Price in Focus as It Revises Bharuch Expansion Cost to ₹1,100 Crore! 

About Cyient DLM 

Cyient DLM is a leading integrated electronic manufacturing services (EMS) and solutions provider specializing in design-led manufacturing (DLM) for safety-critical and high-reliability applications. 

Cyient DLM Share Price Performance 

As of September 23, 2026, at 10:41 AM, Cyient DLM share price on NSE was trading at ₹937.00, up by 2.16% from the previous closing price. 

Conclusion 

The name change of Cyient DLM's US subsidiary to Cyient DLM Electronics Inc is a strategic step to unify its brand globally. This change does not impact the subsidiary's ownership, operations, or legal status, ensuring continuity in its business activities. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 23, 2026, 10:46 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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