Cyient Limited Sets June 17 Record Date for INR 7.2 Billion Buyback

Shareholders of Hyderabad-based Cyient Limited have cleared the path for a massive capital return, approving a buyback of up to 6.4 million equity shares. The move, valued at INR 7.2 billion, targets roughly 5.76% of the company's total paid-up capital as the firm shifts its financial strategy.

The board of directors and shareholders finalized the decision through a postal ballot concluding June 10, 2026. Eligible investors holding shares as of the June 17 record date will have the opportunity to participate in the tender offer. The company has set the repurchase price at INR 1,125 per share, aiming to execute the transaction in full compliance with the Securities and Exchange Board of India regulations.

Public announcements regarding the process appeared in national dailies across India and in The Washington Post to reach a global investor base. The company will distribute a formal letter of offer to all registered shareholders, outlining the specific terms and conditions for participation. Management advises stakeholders to review these forthcoming documents thoroughly before making any decisions, as the buyback has not yet officially commenced.