Cyient Ltd. has fixed June 17, 2026, as the record date for its ₹720 crore share buyback, under which the company plans to repurchase up to 64 lakh equity shares at ₹1,125 per share.
The Hyderabad-based engineering and technology company will carry out the buyback through the tender offer route in accordance with the Companies Act, 2013 and SEBI’s Buyback Regulations, 2018.
Shares of Cyient, with a market capitalisation of ₹9,612.65 crore, were trading at ₹864.90, up 2.16 percent from the previous close of ₹846.65. The stock touched an intraday high of ₹883.45 and a low of ₹861.75.
Buyback details
Under the programme, Cyient will buy back:
- Up to 64,00,000 equity shares
- Face value of ₹5 per share
- Buyback price of ₹1,125 per share
- Aggregate size of up to ₹720 crore
The buyback size represents about 5.76 percent of the company’s paid-up equity share capital.
Based on the prevailing market price of ₹864.90, the buyback price offers a premium of nearly 30 percent.
Only shareholders whose names appear in the company’s records on June 17, 2026 will be eligible to participate in the buyback.
Under the tender offer mechanism, shareholders can tender part or all of their holdings.
SEBI regulations require a separate reservation for retail investors.
About 15 percent of the total buyback, or roughly:
- 9.6 lakh shares
- Around ₹108 crore
has been reserved for small shareholders holding shares worth less than ₹2 lakh on the record date.
Shares not accepted in the buyback will remain in investors’ demat accounts.
FY26 performance
The buyback follows a strong financial year for the company.
For FY26, Cyient reported consolidated revenue of about ₹7,420 crore, marking growth of nearly 14 percent over the previous year.
Growth was supported by the company’s aerospace and sustainability engineering businesses.
Cyient ended FY26 with cash reserves of more than ₹1,400 crore.
About the company
Cyient provides engineering and technology solutions across sectors including:
- Aerospace
- Defence
- Rail transportation
- Semiconductors
- Telecommunications
- Utilities
- Sustainability
The company is headquartered in Hyderabad and serves customers globally.
TL;DR:
Cyient has fixed June 17 as the record date for its ₹720 crore buyback. The company will repurchase up to 64 lakh shares at ₹1,125 apiece, a premium of around 30 percent to the current market price.
AI summary:
- Cyient’s buyback record date is June 17, 2026.
- The company will buy back up to 64 lakh shares.
- The buyback price has been fixed at ₹1,125 per share.
- The total buyback size is ₹720 crore.
- Around 15 percent of the offer is reserved for retail shareholders.
