Public announcement for Buyback of Shares
CYBERTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.6 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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CyberTech Systems and Software Ltd is proposing to buy back up to 8,50,000 fully paid-up equity shares (face value ₹10 each) at a price of ₹170 per share through a tender offer route using the stock exchange mechanism. The maximum buyback amount is ₹14.45 crore (approximately 9.81% of total paid-up capital and free reserves, and 7.55% of free reserves on standalone basis). The buyback price represents a premium of approximately 20% over the closing market prices of ₹141.40 on BSE and ₹141.37 on NSE as of May 13, 2026. The company filed board resolution approving this buyback on May 14, 2026, with the public announcement published on May 15, 2026. Promoter group holding 36.97% stake (including Viswanath Tadimety, Steven Jeske, and others) has indicated intention to participate in the buyback.
The buyback offers shareholders a premium exit opportunity at ₹170 versus current market price of ~₹141, representing ~20% upside. This is positive for minority shareholders looking to exit, and signals management confidence in the company's financial health.