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Cyient approves ₹7.2 billion share buyback at ₹1,125 per share

Cyient approves ₹7.2 billion share buyback at ₹1,125 per share

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Cyient approves ₹7.2 billion share buyback at ₹1,125 per share

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Cyient approves ₹7.2 billion share buyback at ₹1,125 per share
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DBT Bureau

Pune, 13 June 2026

Cyient Limited said in an exchange filing that the Company’s Board of Directors, at its meeting held on April 23, 2026, and shareholders through a special resolution passed by postal ballot on June 10, 2026, approved the buyback of up to 6,400,000 fully paid-up equity shares of face value ₹5 each, representing up to 5.76% of the existing total paid-up equity share capital of the Company.

The buyback will be undertaken for an aggregate amount of up to ₹7.2 billion, payable in cash, from eligible shareholders as on June 17, 2026, on a proportionate basis subject to reservation for small shareholders. The Company will repurchase shares at a price of ₹1,125 per equity share through the tender offer route in accordance with applicable provisions of the Companies Act, 2013, the Companies Share Capital and Debentures Rules, 2014, and the SEBI Buy Back of Securities Regulations, 2018, as amended from time to time.

The buyback will be conducted on a proportionate basis from eligible shareholders, with a reservation for small shareholders, in line with applicable SEBI regulations. The record date for determining shareholder eligibility has been fixed as June 17, 2026.

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