Cyient Limited has informed the Exchange about Buyback

Corporate Actions View source PDF Explain this filing

CYIENT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-6.9%Reaction day

₹934.90

prior close

₹937.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.1%-5.9% vs market

IT Enabled Services peers, median of 74sector-1.7%-5.2% vs sector

On the reaction day the stock moved 5.9 pts less than Nifty Smallcap 250 and 5.2 pts less than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.5

10m

-2.9

15m

-3.5

30m

-4.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.9-1.1-5.9-1.7-5.2

Next day

-4.8+0.7-5.5-0.1-4.6

-8.0+0.8-8.7-1.1-6.9

-9.7+1.3-11.0-0.9-8.9

-6.7+0.8-7.5-0.8-5.9

-6.8+1.8-8.7-0.9-6.0

-3.4+3.9-7.3-0.0-3.4

15d

-6.3-0.7-5.6-4.0-2.3

-1.6+2.3-3.9-2.9+1.3

-4.2+7.2-11.3-3.5-0.7

-10.6+6.1-16.7-3.6-7.0

UpDownMarket · Nifty Smallcap 250Sector · IT Enabled Services peers, median of 74Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Cyient Limited's Board has approved a buyback of up to 64 lakh equity shares (5.76% of paid-up capital) for INR 720 crores at INR 1,125 per share in cash. The buyback represents 20.31% and 14.09% of standalone and consolidated free reserves respectively as of March 31, 2026. The buyback will be conducted via tender offer route, excluding promoter and promoter group who have indicated they will not participate. The proposal requires shareholder approval via special resolution through postal ballot and regulatory approvals from SEBI and the US SEC due to the company's US registrations.

Likely market impact

Shareholders (excluding promoters) can tender shares at a significant premium to the market price, providing an opportunity for immediate liquidity at favorable terms. The buyback reduces outstanding shares and is positive for remaining shareholders' stake percentage.