Cybertech Systems Announces ₹14.45 Crore Buyback of Equity Shares via Tender Offer

Cybertech Systems Announces ₹14.45 Crore Buyback of Equity Shares via Tender Offer​

Cybertech Systems and Software Limited today announced a planned buyback of its own Equity Shares. The buyback aims to return surplus cash to its shareholders, thereby potentially improving the company's return on equity and reducing the outstanding equity base.

The Company, whose shares are listed on the BSE and the National Stock Exchange of India, proposes to buy back up to 8,50,000 (Eight Lakh Fifty Thousand) fully paid-up Equity Shares, each having a face value of ₹10.

Buyback Details and Funding Sources​

The buyback is set at a price of ₹170 (Rupees One Hundred and Seventy) per Equity Share. Excluding transaction costs, the total allocated amount for the buyback is ₹14 Crores and Forty-Five Lakhs Only.

The Company confirmed that the buyback is funded by transferring money from its free reserves or securities premium account. The buyback size adheres to the regulatory requirement, being 10% or less of the aggregate of the total paid-up equity share capital and free reserves, based on audited standalone and consolidated financial statements for the financial year ended March 31, 2026.

The financial health indicators related to the buyback are detailed below:

Buyback Mechanism and Timeline​

The buyback will be conducted on a proportionate basis through the Tender Offer Route using the Stock Exchange Mechanism.

Key dates and timelines for the process include:

• Record Date: The Company has fixed Friday, May 29, 2026, as the Record Date for determining entitlement.
• Method: The buyback is open to all Eligible Shareholders/Beneficial Owners of the Equity Shares, whether held in physical form or in dematerialized form.
• Process: The process will facilitate tendering of Equity Shares through the designated Stock Exchange, which will display bids as "Unconfirmed Physical Bids" initially.

The buyback offer gives shareholders holding Equity Shares the option to participate and receive cash in lieu of Equity Shares, or they may choose not to participate and enjoy a resultant increase in their percentage shareholding post-buyback.

Company Commitments and Expert Opinion​

The Board of Directors affirmed that after the completion of the buyback, the public shareholding of the Company shall not fall below the minimum level required as per SEBI guidelines, and the buyback will not result in any change in control over the minimum public shareholding.

Furthermore, the Company’s Statutory Auditor provided an opinion confirming that, based on their inquiry and examination, the Company will not be rendered insolvent within a period of one year from the date of the Board Meeting, acknowledging the proposed buyback.

Cybertech Systems and Software Limited stated that the buyback provides an option to shareholders and is intended to help the Company return surplus cash to its shareholders, which could help in improving its long-term return on equity by reducing the equity base.

CYBERTECH Stock Price Movement​

Shares of Cybertech Systems And Software Limited are edging higher to ₹139.54 as of 2:24 PM today, rallying 1.20% in current live trading. The stock has seen robust intraday activity, with prices navigating a range between ₹136.87 and ₹141.59 on a volume of 53,287 shares.