Cyient Ltd Announces Buyback of 64 Lakh Shares at ₹1,125

Cyient Ltd has announced a buyback of up to 64,00,000 equity shares, representing approximately 5.76% of its existing paid-up equity share capital. The buyback will be conducted through the tender offer route at a price of ₹1,125 per share, payable in cash. The total consideration for the buyback is up to ₹720 crore. The offer excludes promoters and promoter group members. The record date for determining eligible shareholders is June 17, 2026. The company has confirmed compliance with Indian regulations and noted that it qualifies for the "Tier I" exemption under U.S. securities laws, thus not requiring SEC exemptive relief.