Cyient DLM Limited has announced its participation in Advantage India - Axis Capital's Flagship India Conference, scheduled for February 11, 2026, in Mumbai. The company informed stock exchanges about this investor engagement in compliance with SEBI (LODR) Regulation, 2015.

Conference Details and Venue

The conference will be held at Hotel Trident BKC in Mumbai on Wednesday, February 11, 2026. The company's senior management team will represent Cyient DLM at the event, including MD & CEO Rajendra Velagapudi, CFO RM Subramanian, and Sr. Director IR Suresh Narayan.

Meeting Schedule and Participants

The company has scheduled multiple investor meetings throughout the day, featuring both one-on-one sessions and group meetings with various institutional investors and mutual funds.

Regulatory Compliance and Information Sharing

Cyient DLM has emphasized its commitment to regulatory compliance, stating that no unpublished price sensitive information pertaining to the company will be shared during any of the meetings with analysts and institutional investors. The company has also noted that the meeting schedule is subject to changes due to exigencies on the part of analysts, investors, or the company.

Key Participants from Investment Firms

The conference will see participation from prominent investment professionals across various asset management companies and mutual funds. Notable participants include representatives from HDFC Mutual Fund, Nippon India Mutual Fund, ICICI Prudential Asset Management, Aditya Birla AMC, Tata Mutual Fund, and several other leading financial institutions.

The announcement was signed by S. Krithika, Company Secretary & Compliance Officer, and communicated to both BSE Limited and National Stock Exchange of India Ltd on February 7, 2026.

Cyient DLM Limited has submitted newspaper publications to stock exchanges regarding its postal ballot for the variation in utilization of Initial Public Offering (IPO) proceeds. The company filed the newspaper publications with BSE and NSE under Regulation 30 of SEBI Listing Regulations, following its postal ballot notice for reallocating Rs. 36.85 crores from capital expenditure requirements to incremental working capital needs.

Regulatory Compliance and Publication Details

The company submitted copies of newspaper publications published in Business Standard (English) and Mana Telangana (Telugu) on February 7, 2026, along with PAS-1 Notice published in both newspapers on February 10, 2026. These publications were made in connection with the postal ballot notice dated January 20, 2026, ensuring compliance with regulatory requirements for shareholder communication.

IPO Proceeds Reallocation Framework

The proposed variation involves reallocating Rs. 36.85 crores from "Funding Capital Expenditure of our Company" to "Funding Incremental Working Capital Requirements of our Company." This amount represents approximately 6.20% of the total IPO proceeds of Rs. 592.66 crores raised through the fresh issue of 2,23,64,653 equity shares.

Current Utilization Status

As per the PAS-1 notice, the company has achieved significant progress in utilizing IPO proceeds across various objectives. The working capital requirements have been substantially utilized while capital expenditure utilization remains lower, justifying the proposed reallocation.

Strategic Rationale for Reallocation

The company cited several factors driving the proposed reallocation, including changes in the global electronics manufacturing landscape since the July 2023 IPO. These shifts have impacted export markets through tariff-related developments and supply chain realignments, causing global OEMs to reassess expansion timelines and capital deployment plans.

Concurrently, Cyient DLM has experienced healthy operational growth with increased customer mandates across Build to Print (B2P) and Build to Specification (B2S) offerings. This growth has expanded working capital needs for procurement cycles, inventory buildup, and timely customer fulfillment beyond original projections.

Postal Ballot Process Timeline

The postal ballot is being conducted through remote e-voting in compliance with Ministry of Corporate Affairs and SEBI circulars, with KFin Technology Limited facilitating the process.

Financial Impact and Compliance

The proposed reallocation is expected to have a favorable impact on the company's financial position by strengthening operational capabilities and reducing dependence on external short-term financing. The variation complies with Sections 13(8) and 27 of the Companies Act, 2013, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, with no exit offer obligations as the reallocation represents less than 25% of total IPO proceeds.