Cyient Limited has officially finalized its acquisition of a 74% majority stake in Kinetic Technologies. The deal, which follows an initial announcement made on December 17, 2025, was executed through Cyient Semiconductors Singapore Pte. Ltd. The transaction involves a total consideration of USD 85 million on a fully diluted basis, marking a significant milestone in the company’s expansion strategy within the semiconductor sector.
Completion of Strategic Acquisition
Cyient Limited has successfully concluded the acquisition of a 74% majority stake in Kinetic Technologies. This strategic move, finalized on April 8, 2026, was carried out by the company’s subsidiary, Cyient Semiconductors Singapore Pte. Ltd. This acquisition represents a major step in bolstering Cyient’s capabilities and market presence in the global semiconductor landscape.
Financial and Transaction Details
The acquisition was completed for a total consideration of USD 85 million, calculated on a fully diluted basis. This transaction follows the preliminary disclosure provided by the company on December 17, 2025. By securing a majority stake in Kinetic Technologies, Cyient continues its efforts to integrate specialized expertise and scale its operations in line with its long-term growth objectives.
Source: BSE