CyberTech: Buyback of 8.5 Lakh Shares at ₹170
CyberTech Systems and Software Ltd's board approved a buyback of up to 8,50,000 equity shares at a price of ₹170 per share, payable in cash. The buyback, representing 2.73% of the total paid-up equity, will be executed through a tender offer, not exceeding ₹14.45 Crore. The board has formed a Buyback Committee and appointed Sarita Leelaramani as the Compliance Officer. The board also approved the audited financial results for the year ended March 31, 2026, recommended a final dividend of ₹4 per share, and appointed Desai Associates as the Internal Auditors for FY 2026-27.
Key Highlights
- CyberTech to buy back 8.5 lakh shares at ₹170 per share via tender offer.
- Buyback size not exceeding ₹14.45 Crore, representing 2.73% of equity.
- Final dividend of ₹4 per share recommended for FY 2025-26.
- Desai Associates appointed as Internal Auditors for FY 2026-27.
- Record date will be intimated in due course of time.
Price Impact
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