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

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

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