CyberTech extinguishes 8,50,000 equity shares post buyback
CyberTech Systems and Software extinguished 8,50,000 equity shares at ₹170 per share, reducing paid-up capital to ₹30.28 crore. The buyback increased promoter holding to 38.01% and foreign investor holding to 61.99%.
*this image is generated using AI for illustrative purposes only.
CyberTech Systems and Software has extinguished 8,50,000 fully paid-up equity shares of face value ₹10 each, completing the buyback process initiated in June 2026. The shares were bought back through a tender offer at ₹170 per share, amounting to a total consideration of ₹14.45 crore. This extinguishment, confirmed by Central Depository Services (India) Limited (CDSL) on June 18, 2026, reduces the company's paid-up equity share capital to ₹30.28 crore from ₹31.13 crore. The move increases the promoters' holding to 38.01% from the pre-buyback level of 36.97%, while the public holding has decreased accordingly.
Reconciliation of Share Capital
The extinguishment of shares was carried out in dematerialized form via Choice Equity Broking Private Limited. The reconciliation of the company's share capital pre and post-extinguishment is detailed below:
| Particulars | No. of Equity Shares | Equity Share Capital (in ₹) |
|---|---|---|
| Paid-up equity share capital (Pre-Buyback) | 3,11,30,593 | 31,13,05,930 |
| Less: Total Equity Shares (Demat) extinguished | 8,50,000 | 85,00,000 |
| Paid-up equity share capital (Post Buyback) | 3,02,80,593 | 30,28,05,930 |
Shareholding Pattern
The buyback saw significant participation, with the offer opening on June 4, 2026, and closing on June 10, 2026. Following the extinguishment, the shareholding pattern has shifted. The promoters' stake has increased, while foreign investors now hold a majority stake at 61.99%. The total number of shares post-buyback stands at 3,02,80,593.
| Category of Shareholder | Pre Buyback Shares | % Holding | Post Buyback Shares | % Holding |
|---|---|---|---|---|
| Promoters and persons in concert | 1,15,08,621 | 36.97% | 1,15,08,621 | 38.01% |
| Foreign Investors | 85,45,095 | 27.45% | 1,87,71,972 | 61.99% |
| Indian Financial Institutions | 1,50,398 | 0.48% | - | - |
| Public including other Bodies Corporate | 1,09,26,479 | 35.10% | - | - |
| Total | 3,11,30,593 | 100% | 3,02,80,593 | 100.00% |
Regulatory Compliance
The extinguishment was certified by the Registrar to the Buyback, MUFG Intime India Private Limited, and the Secretarial Auditor, Sharma & Trivedi LLP. The process complies with Regulation 11 read with Regulation 24 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018. The confirmation of extinguishment was received from CDSL on June 19, 2026.
Historical Stock Returns for Cybertech Systems & Software
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.13% | +0.36% | +4.72% | +2.29% | -8.75% | -5.55% |
How will the significant increase in foreign investor holding to 61.99% influence CyberTech's strategic decision-making moving forward?
What impact will the reduced equity base and increased promoter holding have on the company's future dividend policies?
Is CyberTech likely to initiate another buyback or consider other capital allocation strategies given the success of this tender offer?
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
