Cyient Limited has completed the allotment of 3623 equity shares to company associates following the exercise of stock options under its employee stock option plans. The allotment was officially communicated to both BSE Limited and National Stock Exchange of India on March 4, 2026.

Stock Option Exercise Details

The equity shares were allotted upon exercise of stock options under two specific employee stock option plans operated by the company:

Corporate Communication

The allotment was formally communicated through an official filing to stock exchanges, signed by Ravi Kumar Nukala, Deputy Company Secretary of Cyient Limited. The communication was digitally signed and timestamped at 20:11:40 IST on March 4, 2026.

Employee Stock Option Plans

The allotment represents the conversion of employee stock options into equity shares under two distinct plans:

• ASOP 2015: An employee stock option plan established in 2015
• ARSUS 2020: A more recent stock option scheme introduced in 2020

These plans are designed to provide equity participation opportunities to company associates, aligning their interests with long-term shareholder value creation.

Regulatory Compliance

The company has fulfilled its regulatory obligations by informing both major Indian stock exchanges about this corporate action. The formal communication ensures transparency and maintains compliance with listing requirements for equity allotments under employee stock option schemes.

Cyient Limited has informed stock exchanges about the commencement of liquidation proceedings for its joint venture company, Infotech HAL Limited. The National Company Law Tribunal (NCLT), Bengaluru Bench has formally admitted the liquidation application, marking a significant corporate development for the technology services company.

NCLT Admits Liquidation Application

The Hon'ble NCLT has admitted Interlocutory Application No. (Liq.) 01/2026 in petition CP (IB) No. 99/BB/2024 filed by Infotech HAL Limited under Section 33(2) & 34(1) of the Insolvency and Bankruptcy Code, 2016. The tribunal's decision follows previous disclosures made by Cyient on 20 March 2024 and 28 August 2025 regarding the joint venture.

Liquidation Process Commences

The NCLT has ordered the commencement of the liquidation process for Infotech HAL Limited and appointed Mr. Vasudevan Gopu as the official liquidator. The liquidation proceedings will be conducted in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016, which governs corporate insolvency resolution and liquidation processes in India.

Regulatory Compliance and Disclosure

Cyient received the NCLT order on 3 March 2026 and promptly disclosed the information to both BSE Limited and National Stock Exchange of India Limited on 4 March 2026. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ensuring compliance with mandatory reporting requirements for material events affecting listed companies.

The communication was signed by Ravi Kumar Nukala, Deputy Company Secretary of Cyient Limited, emphasizing the company's commitment to transparent corporate governance and timely disclosure of material developments to stakeholders and regulatory authorities.