Cyient Limited has informed the Exchange regarding a press release dated May 25, 2026, titled "Press Release".
CYIENT · price
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Cyient Semiconductors, a subsidiary of Cyient Limited, has secured strategic financing from Edelweiss (EAAA India Alternatives Ltd) comprising approximately USD 10 million in equity investment at a post-money valuation of ~USD 500 million, along with ~USD 20 million in structured debt, totaling ~USD 30 million. The funds will be used to advance product R&D for custom power semiconductors and ASSPs, build in-house validation and testing infrastructure in India, and support working capital for scaling global customer programs. This follows the company's acquisition of Kinetic Technologies and launch of India's first GaN power IC family, positioning it as a product-led semiconductor platform serving AI infrastructure, automotive, and industrial markets.
The financing validates Cyient Semiconductors' strategic direction in power semiconductors and custom silicon, with a significant USD 500 million valuation. For parent company Cyient Limited shareholders, this strengthens the semiconductor business unit without immediate dilution to parent equity, while positioning the group to capture growth in India's expanding semiconductor ecosystem.