Announced Sat, 20 Jun · 22:26 IST
Cyient addendum fixes clerical errors in buyback offer document
Corporate Actions View source PDF
CYIENT · price
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Price reaction · full curve 14 horizons · vs prior close
+3.6%1-day move
₹859.00
prior close
₹864.90
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+1.3+1.5+1.8+3.6+4.3+3.0+1.9+1.5+2.4-1.1-2.1——
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AI summary
Cyient has issued an addendum to its buyback Letter of Offer to correct clerical errors such as Income Tax Act reference, a name spelling, and minor numerical corrections. The buyback terms remain unchanged: up to 64 lakh equity shares, about 5.76 percent of capital, at INR 1,125 per share, aggregating up to INR 720 crores, through the tender offer route. Record date is 17 June 2026. Promoters and promoter group are excluded.
Likely market impact
Procedural update with no change to buyback terms. Eligible shareholders can still tender shares at INR 1,125 per share.