Cyient Ltd. Board Approves Buyback of Equity Shares Worth INR 720 Crores
Cyient Limited announced on April 23, 2026, that its Board of Directors approved a comprehensive proposal to buy back its equity shares. The initiative aims to repurchase 64,00,000 fully paid-up equity shares from existing shareholders, excluding the promoter and promoter group.The Board’s resolution detailed the terms of the buyback, which will be conducted through a tender offer route.
Key Buyback Details
The approved parameters for the buyback are as follows:
- Buyback Size: INR 720,00,00,000 (Indian Rupees Seven Hundred Twenty Crores)
- Buyback Price: INR 1125 (Indian Rupees One Thousand One Hundred Twenty Five) per Equity Share
- Shares Purchased: 64,00,000 Equity Shares
- Face Value: INR 5 per Equity Share
- Stake Representation: The buyback represents up to 5.76% of the company’s total existing paid-up Equity Share capital.
The buyback amount is calculated to be 20.31% of the aggregate of the paid-up capital and 14.09% of the free reserves, based on the latest audited standalone and consolidated financial statements of the company as of March 31, 2026.
Shareholding Pattern
As of the record date, the company plans to buy back shares from all equity shareholders, excluding the promoter and promoter group.
The pre-buyback shareholding pattern of Cyient Limited as on April 17, 2026, showed a total paid-up capital of 11,11,26,188 shares.
| Shareholder Category | No. of Shareholders | No. of Shares | % Shareholding |
|---|---|---|---|
| Promoter and Promoter group | 14 | 25,870,288 | 23.28 |
| Indian Financial Institutions | 32 | 8576771 | 7.73 |
| Mutual Funds | 22 | 36,814,116 | 33.13 |
| Sub Total (Financial Institutions/Mutual Funds) | 55 | 45,390,972 | 40.86 |
| FII/FPI | 164 | 17,351,245 | 15.61 |
| NRIs | 5458 | 4,545,504 | 4.09 |
| Foreign Nationals and Overseas Corporate Bodies | 51 | 376,521 | 0.34 |
| Sub Total (Foreign Holders) | 5673 | 22,273,270 | 20.03 |
| Indian Public, Corporates and others | 201310 | 17,591,658 | 15.83 |
| Total | 207052 | 11,11,26,188 | 100.00 |
The company noted that members of the promoter and promoter group have indicated their intention not to participate in the proposed buyback.
Cyient Limited also formed a dedicated Buyback Committee to oversee and implement the entire buyback process.
The company confirmed that the details of the buyback, including the method of purchase and the process, will be released in due course.
CYIENT Stock Price Movement
Cyient Limited shares today slipped by 2.80% to settle at ₹935.9, marking a significant drop from its previous close. The stock traded on considerable momentum, capturing a total volume of 230,018 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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