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Cyient Limited announced the dissolution of its UK-based step-down subsidiary, Blom Aerofilms Ltd, effective September 1, 2026. This closure has no material impact on the company.
Cyient Limited has successfully completed the closure of its branch office in Norway. Management states the closure will not have a material impact on company operations or finances.
Cyient Ltd fixed June 17, 2026 as record date for a Rs.720 Crore buyback of up to 64 lakh shares. Eligible shareholders can tender shares at Rs.1,125 each via tender offer.
Cyient Ltd issued a clarification regarding its proposed equity share buyback. The company corrected a statement regarding US security registration and confirmed it will seek exemptive relief from the US SEC for tender offer procedures due to conflicting regulatory requirements between Indian and U.S. laws.
Cyient Limited's board has approved a share buyback worth up to ₹720.0 Crore via the tender offer route. The company proposes to repurchase up to 6,400,000 equity shares at a price of ₹1,125 per share. This represents approximately 5.76% of the company's existing paid-up equity capital.
Cyient Ltd approved a share buyback of up to 64,00,000 equity shares at ₹1,125 per share, totaling ₹720.00 Crore. The buyback represents 5.76% of paid-up capital and will be conducted via a tender offer. This move signals management's confidence and intent to return surplus cash to shareholders.
Cyient Ltd's Board approved a ₹720 Crore share buy-back via a tender offer at ₹1125 per share. The company also reported FY26 results, with DET revenue up 5.5% YoY to ₹5,819 Crore and PAT up 7.2% to ₹588 Crore. Management expressed confidence in strong cash flows and future growth trajectories.
Cyient Limited's Board approved a buyback of up to 64,00,000 equity shares at ₹1,125 per share, totaling ₹720 Crore. The buyback represents 5.76% of the total paid-up equity capital. Additionally, the company reported audited financial results for FY26 and plans to establish a branch office in Saudi Arabia.
Cyient Ltd announced that the NCLT, Bengaluru, has ordered the liquidation of its 50:50 joint venture, Infotech HAL Limited. Mr. Vasudevan Gopu has been appointed as the Liquidator. The liquidation was proposed to mitigate further financial losses as the entity has been non-operational for three years with no active business operations.