
Buyback13 Jun 2026, 02:30 pm
Cyient Announces Buyback of Equity Shares
AI Summary
Cyient Limited has announced a buyback of up to 6,400,000 equity shares, representing 5.76% of its paid-up capital. The buyback will be conducted through the 'Tender Offer' route at a price of INR 1,125 per share, for an aggregate amount of up to INR 7,200,000,000. The Board of Directors approved the buyback on April 23, 2026, and shareholders approved it via postal ballot on June 10, 2026. The Record Date for determining eligible shareholders is June 17, 2026. The public announcement was made on June 12, 2026, in India and the United States.
Key Highlights
- Cyient announces buyback of up to 6.4 million shares.
- Buyback price set at INR 1,125 per share.
- Total buyback size capped at INR 7,200 million.
- Record date for eligibility is June 17, 2026.
- Buyback approved by board and shareholders.
Price Impact
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