MAM
Shell India’s chairman Nitin Prasad joins Cyient’s board of directors
Mumbai: Cyient, a global digital, engineering, and technology solutions company, announced that it has appointed an eminent business leader Nitin Prasad to its board of directors. Prasad is a dynamic and accomplished business leader who across his over 25 years of experience has delivered business turnarounds, high organic and inorganic growth across large organizations and developed, launched, and operated new business verticals in semiconductors, chemicals, energy, and clean energy across geographies spanning USA, Singapore, and India.
In his current role, as chairman of Shell Companies in India, Prasad has oversight over all of Shell’s companies and investments and was responsible for the company’s presence, reputation, and business development in India and was instrumental in building the capability and capacity of the company’s business and service centers.
He is passionate about building a sustainable, cleaner energy system and believes collaborations and partnerships are key to solving the energy transition and climate change challenges.
Prior to his recent role, Prasad was the managing director for Shell Lubricants for the cluster of India, Sri Lanka, and Bangladesh which was preceded by several other roles in Shell, including strategy, marketing, project delivery, and supply chain in different geographies.
Talking about his appointment, Prasad said, “Cyient has delivered record results and built a compelling platform for accelerated growth across sectors with deep integration of core capabilities across engineering services, sustainability amongst others. This commitment to delivering unique and differentiated sources of value for customers aligns with my own emphasis of customer centric innovation. I look forward to working with the Board to help the company deliver its long-term strategic ambitions and build on its strong ESG credentials.”
Cyient non-executive chairman MM Murugappan expressed his delight at the appointment and said, “We are excited to have Nitin join our board and look forward to benefiting from his expertise, as we continue to support our customers with the acceleration of the convergence of Digital, Engineering, and Technology. Nitin will provide a fresh perspective on solving sustainability challenges and his invaluable business experience will be beneficial to Cyient’s plans for accelerated growth. Please join us in welcoming Nitin to the Cyient family.”
Prasad completed his schooling from the Doon School, India before completing an engineering degree from Georgia Institute of Technology, USA and thereafter went on to complete his MBA from INSEAD.
MAM
Dish TV shareholders approve three independent directors
99.49 per cent vote of confidence strengthens board as company expands into connected TV, e-commerce and OTT.
MUMBAI: Dish TV has just been served a near-perfect vote of confidence and the shareholders have dished it out in style. Shareholders of the DTH operator have approved the appointment of three new Independent Directors with an overwhelming 99.49 per cent approval. The three appointees are Mr Arun Kumar Kapoor, Ms Heena Naishadh Bhatt and Mr Ashok Anant Paranjpe.
The strong mandate reflects continued investor faith in the company’s strategy, disciplined execution and long-term value creation. It comes as Dish TV focuses on stabilising its core DTH business while actively scaling new verticals connected TV platform VZY, B2B e-commerce ShopZop, and OTT service Watcho to build a more diversified and resilient growth trajectory.
Dish TV India Limited, CEO & executive director Manoj Dhobhal said, “We are encouraged by the shareholders’ approval of the appointment of the Independent Directors and sincerely thank them for their continued trust and confidence. The Board is already benefiting from the Directors’ collective experience, which will further sharpen strategic focus and support disciplined execution.”
With a fresh, strengthened board in place, Dish TV is well positioned to navigate the evolving media landscape. In a sector where every percentage point matters, a 99.49 per cent thumbs-up is the kind of ringing endorsement that suggests the company’s recipe for the future is already tasting right.
