Cyient Limited has informed the Exchange about Copy of Newspaper Publication
CYIENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cyient Limited has published newspaper advertisements in Business Standard and Mana Telangana confirming the dispatch of a Postal Ballot Notice to shareholders. The notice pertains to two resolutions: (1) a Special Resolution for approval of a buyback of equity shares, and (2) an Ordinary Resolution for the re-appointment of Mr. Krishna Bodanapu as Executive Vice-Chairman and Managing Director. The e-voting period opened on 12 May 2026 and closes on 10 June 2026 at 5:00 PM. Results are expected to be announced by 12 June 2026. The notice clarifies that the buyback has not yet commenced and is subject to shareholder approval and US SEC exemptions, indicating the company may have US-resident shareholders.
Shareholders should vote on these resolutions, as the buyback could return capital to investors and impact the stock's free float, while Bodanapu's reappointment secures leadership continuity.