Cyient Limited’s Board of Directors convened on October 22, 2026, approving key financial and strategic decisions. The Board declared an interim dividend of ₹12 per equity share and approved the acquisition of the remaining 49% stake in Cyient Solutions and Systems Private Limited (CSSPL), making it a wholly owned subsidiary. The company also announced its un-audited financial results for the quarter and half year ended September 30, 2026.
Cyient Board Declares Interim Dividend and Approves Strategic Acquisition
The Board of Directors of Cyient Limited, in their meeting held on October 22, 2026, has announced several significant resolutions impacting shareholders and the company’s operational structure.
Financial Highlights and Dividend Declaration
The Board approved the un-audited financial results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026. A key decision was the declaration of an interim dividend of ₹12 per equity share. This represents a 240% payout on the par value of ₹5 per share, with a fixed record date to be announced separately.
Strategic Acquisition of CSSPL
In a move to consolidate its ownership, Cyient Limited has approved the acquisition of the remaining 49% stake in Cyient Solutions and Systems Private Limited (CSSPL). Post this transaction, CSSPL will become a wholly owned subsidiary of Cyient Limited.
Committee Reconstitution
The Board also approved the reconstitution of the Audit Committee, Risk Management Committee, Stakeholders Engagement Committee, and the Environment, Social & Governance Committee. Details of these reconstitutions are provided in Annexure B.
Meeting Details
The Board meeting commenced at 13:45 hrs and concluded at 15:50 hrs on October 22, 2026.
Source: BSE
