Cyient Clarifies SEC Exemptive Relief for Buyback

Cyient Limited issues a clarification regarding its proposed equity share buyback announcement filed on April 23, 2026.
The company corrects its previous statement, clarifying its securities are not registered under the US Securities Exchange Act of 1934.
Cyient confirms it must still seek exemptive relief from the US SEC due to US resident shareholders and conflicting Indo-US tender offer laws.
The application for SEC exemptive relief remains necessary and unchanged for the buyback process to proceed.