Twenty Crores) (Buyback Size) at a price of INR 1125 (Indian Rupees One Thousand One Hundred Twenty
As filed · Buyback
What happened
FactTwenty Crores) (Buyback Size) at a price of INR 1125 (Indian Rupees One Thousand One Hundred Twenty. Regulations, 2018 (as amended) (Buyback Regulations) and the Companies Act, 2013 and the rules made. thereunder (“Buyback”).
Why it matters
CapitSignal interpretationA buyback returns cash by retiring shares, so the benefit to a holder depends on the price paid, how many of their shares are accepted, and what the stub is worth afterwards.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
ContradictedIt grew 3% quarter-over-quarter in constant currency and 14.8% year-over-year in constant currency and remains our strongest engines delivering its fifth consecutive quarter of growth.
Network and infrastructure rebounded to grow 0.3% quarter-over-quarter constant currency and 2.5% year-over-year constant currency which is what we anticipated post our Q4 setback.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Record date and acceptance ratio
- Promoter participation
- Cash left on the balance sheet afterwards
- we might have one or two quarters, I would not say of softness, but for growth to rebound we probably will nee (management committed by H1 FY27)
- we are still working towards a 15% EBIT, but we now believe that this may take a little longer than the Q4 FY2 (management committed by Q4 FY27)
Evidence
- Cyient Limited has informed the Exchange about Buyback(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- BUYBACK base 70; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%