Cyient Ltd announced that its wholly owned subsidiary, Cyient Semiconductors Singapore Pte. Ltd., has successfully finalized the acquisition of a majority stake in Kinetic Technologies.
The transaction saw Cyient Semiconductors Singapore Pte. Ltd. acquire a 74% stake on a fully diluted basis in Kinetic Technologies. The total consideration paid for this majority stake was USD 85Mn.
The announcement pertains to the acquisition, following a prior announcement made by the company on December 17, 2025.
CYIENT Stock Price Movement
Shares of Cyient Limited are edging higher to ₹844.5 as of 11:04 AM today, rallying by 1.46% in live trading. The stock activity is supported by 123,477 shares transacted in volume as the market continues its midday session.Source:
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