Cyient seeks approval for ₹720 crore buyback and MD re-appointment
after close1 source ↓written by the desknot a recommendation
- approval
- ₹720 crore buyback
- 64 lakh equity shares
- period runs
- 12 May 2026
- 10 June 2026
Cyient Limited has initiated a postal ballot to seek shareholder approval for a ₹720 crore buyback of up to 64 lakh equity shares and the re-appointment of its Managing Director. The e-voting period runs from 12 May 2026 to 10 June 2026. This move may enhance shareholder value and reflects confidence in future growth.
Not investment advice. For informational purposes only.