Cyient Limited has received regulatory approval from the Competition Commission of India (CCI) for its proposed acquisition of Tao Digital Solutions Inc. The CCI conveyed its approval via letter dated 25 August 2026, granting clearance under Section 31(1) of the Competition Act, 2002.
This approval relates to the definitive agreement announced on 30 May 2026, where Cyient agreed to acquire 100% stake in Tao Digital Solutions Inc., a USA-incorporated company. The acquisition was subject to customary closing conditions and regulatory approvals, with the CCI approval representing one of these conditions.
The CCI's communication bears Registration No. C-2026/06/1433 and references the original notice filed by Cyient Limited on 15 June 2026 under sub-section (2) of Section 6 of the Competition Act, 2002. The Commission considered the proposed combination in its meeting held on 25 August 2026.
The company has enclosed a copy of the CCI communication with this disclosure and has also uploaded it on the company's investor website at www.cyient.com/investors. This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The communication was signed by Sudheendhra Putty, Company Secretary of Cyient Limited, on 26 August 2026 at 12:50:33 IST. The company's corporate identity number is L72200TG1991PLC013134.