Cyient Limited - 532175 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release12-01-2023
Cyient Limited - 532175 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press ReleaseCyient Limited - 532175 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor PresentationCyient Limited - 532175 - Financial Results For The Quarter Ended 31 December 2022
Financial Results for the quarter ended 31 December 2022Cyient DLM files preliminary papers worth Rs 740 cr with Sebi through IPO
Electronic Manufacturing Services (EMS) firm Cyient DLM Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 740 crore through an Initial Public Offering (IPO). The initial share-sale is purely a fresh issue of equity share with no Offer-For-Sale (OFS) component, according to the Draft Red Herring Prospectus (DRHP). The company may consider issuance of securities aggregating up to Rs 148 crore in a pre-IPO placement round. Funds raised through the IPO would be utilised for funding incremental capital requirements, capital expenditure, debt payment, achieving inorganic growth through acquisitions as well as for general corporate purposes. Cyient DLM, a subsidiary of Cyient, is the leading integrated EMS and solutions provider with a focus on the entire life cycle of a product, including design, build and maintenance. It has three state manufacturing facilities in Hyderabad, Bengaluru and Mysore. The India EMS is a sizable industry, contributing to 2.2 peCyient Limited - 532175 - Proposed Initial Public Offering Of Cyient DLM Limited
Proposed Initial Public Offering of Cyient DLM LimitedCyient Limited - 532175 - Earnings Conference Call - For The Third Quarter Ended 31 December 2022
Earnings conference call - for the Third Quarter ended 31 December 2022Cyient Limited - 532175 - Board Meeting Intimation for Board Of Directors' Meeting
Cyient Limitedhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/01/2023 ,inter alia, to consider and approve the un-audited financial results for the quarter and nine months ended 30 December 2022.After paying interim dividend of 200% for FY23, this IT stock is seen to cross 1,000-mark
Going forward, Cyient is expected to cross the 1,000 mark as Anand Rathi expects the company's wider services and sales investments to improve the next fiscal year FY24 growth. The stock brokerage has given a buy recommendation on Cyient.Cyient Limited - 532175 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release