Cyient Limited has made available the recording of the conference call regarding its subsidiary's strategic financing transaction and growth roadmap. The call, held on May 26, 2026, discussed the capital raise of INR 300,00,00,000 approved by the board of Cyient Limited on May 25, 2026. The recording is now accessible on the company's website for investors and stakeholders.

Transaction Details

The approved fundraising comprises two primary components aimed at scaling up global customer programs in the power semiconductor and custom silicon markets. The first involves the issuance of non-convertible debentures (NCDs) by Cyient Semiconductors for a consideration of INR 200,00,00,000. The second component includes the proposed issuance of compulsorily convertible debentures and/or compulsorily convertible preference shares (CCD/CCPS) for a consideration of INR 100,00,00,000.

Security and Guarantees

As part of the transaction, Cyient Limited will provide security for the NCDs issued by its subsidiary. The company will execute a corporate guarantee in favour of the investor. Additionally, Cyient Limited will pledge 100% of its shareholding in Cyient Semiconductors to secure the obligations arising under the proposed non-convertible debentures. The disclosure confirmed that the promoter and promoter group have no interest in this transaction, which is being conducted at arm's length.

Conference Call Information

The senior management team, including Krishna Bodanapu - Managing Director & Executive Vice-Chairman of Cyient Limited, and Suman Narayan - CEO of Cyient Semiconductors, participated in the discussion. Cyient Semiconductors serves as the focal point for the parent company's expansion into the power semiconductor and custom silicon markets. With design centers in India, Belgium, and the U.S., the subsidiary enables global customers in data centers, robotics, automotive, and industrial automation to achieve higher efficiency and faster time-to-market.

Cyient Limited has confirmed the dispatch of the Postal Ballot Notice to its members regarding the proposed buyback of equity shares and the re-appointment of its Executive Vice-Chairman and Managing Director. The notice was sent electronically on Monday, 11 May 2026, to members whose email addresses are registered with the Company or depository participants as on the Cut-off Date of 08 May 2026. Subsequently, on 13 May 2026, the Company Secretary Sudheendra Putty confirmed the publication of newspaper advertisements in Business Standard (all editions) and Mana Telangana, formally notifying the dispatch of the Notice in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Buyback and Re-appointment Proposals

The Board of Directors had previously approved two key resolutions to be put to shareholders via the postal ballot process. The first is the buyback of up to 64,00,000 fully paid-up equity shares at a price of INR 1,125 per share, aggregating to INR 720,00,00,000 (Indian Rupees Seven Hundred Twenty Crores). The buyback is proposed through the tender offer route and excludes promoters and members of the promoter group. The second resolution pertains to the re-appointment of Mr. Krishna Bodanapu (DIN: 00605187) as Executive Vice-Chairman and Managing Director for a period of three years from 03 April 2026 to 03 April 2029, subject to shareholder approval.

E-Voting Schedule and Process

Shareholder approval is being sought exclusively through remote e-voting. The facility commenced at 09:00 A.M. IST on Tuesday, 12 May 2026, and will conclude at 05:00 P.M. IST on Wednesday, 10 June 2026, after which the e-voting facility will be disabled by the RTA. KFin Technologies Limited, the Company's Registrar and Share Transfer Agent, has been engaged to facilitate the electronic voting process. Members who have not registered their email addresses may do so through their Depository Participant for shares held in electronic form, or by writing to KFin Technologies Limited at Selenium, Tower B, Plot No-31&32, Financial District, Nanakramguda, Serilingampally, Hyderabad-500032, Telangana, for shares held in physical form.

Scrutinizer and Results Declaration

Mr. Manish Kumar Singhania, Practicing Company Secretary (Membership No. ACS 22056; CP No. 8068), has been appointed as the Scrutinizer to conduct the e-voting process in a fair and transparent manner. The Scrutinizer will submit the report to the Chairman or any other authorized person after the completion of scrutiny. The results will be announced on or before Friday, 12 June 2026, and will be communicated to BSE Limited and National Stock Exchange of India Limited. The declared results will also be uploaded on the Company's website at www.cyient.com and on the website of KFin Technologies Limited at https://evoting.kfintech.com/ .

U.S. Regulatory Disclosure

The Company has noted that the buyback has not yet been approved by shareholders and has therefore not yet commenced. The communication is provided for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to purchase any securities. The buyback is subject to the grant of certain exemptions and no-action relief by the staff of the U.S. Securities and Exchange Commission (SEC) to allow the buyback to be made to eligible shareholders in the U.S. without breaching the rules under the Securities Exchange Act of 1934, as amended. Shareholders are advised to carefully read all documents relating to the buyback prior to making any decision.