Cyient Affirms Minimal Impact from New $100,000 H-1B Visa Fee

1 min read     Updated on 22 Sept 2025, 07:12 AM
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Overview

Cyient Limited announced that the new $100,000 one-time fee for H-1B visa petitions introduced by the US government will not significantly affect its FY26 financial outlook. The company deployed only six employees on H-1B visas in the previous fiscal year, aligning with its strategy of building a global talent pool with a local approach. Other IT service providers have made similar statements, indicating limited impact on their financials. The new policy, effective from September 21, 2025, applies to new H-1B visa petitions only.

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*this image is generated using AI for illustrative purposes only.

Cyient Limited has announced that the recently introduced $100,000 one-time fee for each new H-1B visa petition by the US government will not significantly affect its financial outlook for the fiscal year 2026 (FY26).

Limited Exposure to H-1B Visas

In a regulatory filing dated September 21, 2025, Cyient revealed that it had deployed only six employees on H-1B visas in the previous fiscal year. This limited reliance on H-1B visas aligns with the company's strategy of building a global talent pool while maintaining a local approach in its operations.

Industry-Wide Response

Cyient's statement comes amid similar clarifications from other IT service providers, including Mphasis, Persistent Systems, Sasken Technologies, Firstsource Solutions, and Coforge. These companies have also indicated that the new visa fee policy would not materially impact their financials.

New H-1B Visa Policy Details

The new policy, stemming from a recent order by US President Donald Trump, introduces a $100,000 one-time fee for each new H-1B visa petition. This fee will be effective from September 21, 2025, and will not apply to existing H-1B visas or petitions filed before this date.

Market Reaction and Clarifications

Following the announcement of the new visa fee, US-listed shares of major Indian IT firms like Infosys and Wipro experienced a drop of up to 4.00% on Friday. However, subsequent clarifications from various IT companies, including Cyient, have provided some relief to the sector.

Cyient's Global Strategy

Sudheendhra Putty, Company Secretary of Cyient, emphasized the company's philosophy in the regulatory filing: "Cyient's philosophy has always been in building a truly global engineering and technology enterprise to support our diversified portfolio of businesses. We are local in our approach to build talent and global in our outlook, which defines our market leadership and our risk mitigation approach in today's rapidly evolving world."

This approach appears to have positioned Cyient favorably in light of the new H-1B visa regulations, minimizing potential financial impacts on the company's operations.

As the IT services sector adapts to these new regulations, companies like Cyient that have diversified their talent acquisition strategies and maintained a global-local balance may find themselves better equipped to navigate the changing landscape of international workforce deployment.

Historical Stock Returns for Cyient

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%-2.64%-3.60%-6.94%-39.96%+203.19%

Cyient Appoints Sunil R. Bhumralkar as Independent Director for 3-Year Term

1 min read     Updated on 19 Sept 2025, 12:17 PM
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Suketu GalaScanX News Team
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Overview

Cyient Limited has appointed Mr. Sunil R. Bhumralkar as an Independent Director for a three-year term starting September 19, 2025, subject to shareholder approval. Mr. Bhumralkar brings over 38 years of experience in Assurance and Financial Accounting Advisory services, with a background in Big 4 accounting firms. He is a Fellow Member of the Institute of Chartered Accountants of India. The appointment aligns with Cyient's corporate governance practices and complies with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Cyient Limited , a global technology solutions company, has announced the appointment of Mr. Sunil R. Bhumralkar as an Independent Director to its Board. The appointment, approved by the company's Board of Directors, is set for a three-year term commencing September 19, 2025, subject to shareholder approval.

Board Appointment Details

The decision to appoint Mr. Bhumralkar came on the recommendation of Cyient's Leadership, Nomination and Remuneration Committee. The appointment aligns with the company's commitment to maintaining strong corporate governance practices.

About Sunil R. Bhumralkar

Mr. Bhumralkar brings a wealth of experience to Cyient's board:

  • Over 38 years of professional experience in Assurance and Financial Accounting Advisory services
  • Extensive background with Big 4 accounting and auditing firms
  • Fellow Member of the Institute of Chartered Accountants of India

Independence and Compliance

Cyient has confirmed that Mr. Bhumralkar is not related to any Directors, Key Managerial Personnel, Promoters, or members of the Promoter group of the Company. This appointment adheres to regulatory requirements, with the company stating that Mr. Bhumralkar is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

Regulatory Disclosure

The appointment was disclosed in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Cyient provided the following details as part of its regulatory filing:

  • Date of occurrence of Event / Information: September 19, 2025
  • Time of occurrence of Event / Information: 10:55 hrs IST

This strategic addition to Cyient's board is expected to contribute to the company's governance and strategic direction as it continues to navigate the evolving technology solutions landscape.

Historical Stock Returns for Cyient

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%-2.64%-3.60%-6.94%-39.96%+203.19%
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