Cyient Ltd

📊 Cyient Approves INR 720 Crore Share Buyback

• Buyback of up to 64,00,000 equity shares at INR 1,125 per share

• Total buyback size: INR 720 crores

• Represents 5.76% of total paid-up equity share capital

• Buyback excludes promoter and promoter group shareholders

• Promoter group (23.28% holding) will not participate

• Buyback represents 20.31% of standalone and 14.09% of consolidated free reserves

• Buyback committee formed to oversee implementation