Cyient Limited (CYIENT) — Voting Results

· NSE 🟡 Notable Neutral
📢 Key Event
Shareholders approved buyback and reappointment resolutions via e-voting.
🔄 What Changed
Buyback of 6.4 million shares at INR 1,125 each approved; Krishna Bodanapu reappointed for three years.
🔮 What's Next
Buyback execution via tender offer on BSE/NSE; reappointment effective April 2026–March 2029.
💡 Investor Takeaway
Shareholders endorsed capital return via buyback and leadership continuity, signaling confidence in management.

Cyient Limited shareholders approved a 99.99% buyback of 6.4 million shares at INR 1,125 each (INR 720 crore total) and reappointed Krishna Bodanapu as Executive Vice-Chairman and Managing Director for three years, with remuneration capped at INR 30 lakh monthly plus performance-linked commission up to 2.5% of profits, while rejecting all other proposals.

📄 View Original Announcement (PDF)

About Cyient Limited (CYIENT)

Information Technology · IT - Services · Listed on NSE

Market Cap: ₹9,676.03 Cr P/E: 15.1

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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