The company was incorporated as a private limited company on August 28th, 1991 under the Companies Act, 1956. The company was converted into a public limited company via resolution dated 21 April 1995.
Cyient provides leading-edge engineering solutions, including product development and life-cycle support, process, network and content engineering to major organizations worldwide. With over two decades of continuous growth, Cyient leverages a global delivery and collaborative engineering model to achieve measurable and substantial benefits for our clients. Whether your organization needs to design innovative products faster, optimize R&D costs, increase market share, enhance operational efficiency or maximize the return on investment in your networks, Cyient is the ideal partner.
Cyient has 13,500 associates across 38 global locations. We adopt a proactive approach to serve our clients with our best-in-class delivery centers in North America, Europe, Middle East and Asia Pacific. Our clients span multiple industries such as aerospace, consumer, energy, medical, oil and gas, mining, heavy equipment, semiconductors, rail transportation, telecom and utilities and include 22 'Fortune 500' and 27 'Global 500' blue chip organizations.
In order to create and deliver services that exceed clients' expectations consistently and enhance their business agility, Cyient employs a framework of robust internal processes to ensure IP security, quality of solution and on-time delivery. Cyient aligns with industry best practices and internationally renowned standards and frameworks including International Standards Organization (ISO) 9001:2008, Information Security 27001:2005, Aerospace (AS9100 C), and Medical Devices (ISO 13485).
The founder members of the company are: Mr. B.V.R. Mohan Reddy, Mrs. B. Sucharitha, and Mr. K. Rajan Babu.
The company made its maiden public offer in March 1997 at a price of Rs 10 each for cash at a premium of Rs 10 per share. The issue was lead managed by Industrial Development Bank of India (IDBI), Madras. The issue was oversubscribed by 1.56 times.
Applying technology imaginatively to solve problems that matter.
To deliver innovative solutions that delight customers through deployment of robust processes.
The company is headquartered in Hyderabad, India and has a global presence across 14 countries. Full details of the locations are published in the annual report.
The registered office of the company is located at:
4th Floor, 'A' Wing
Plot No. 11, Software Units Layout,
Infocity, Madhapur, Hyderabad - 500 081, A.P.
The company follows a financial year that begins on April 1 and ends on March 31.
Internal auditors: M/s Ernst & Young
Statutory auditors: Deloitte Haskins & Sells
1994-95 bonus issue ratio 7 : 5
1995-96 bonus issue ratio 1 : 1
1996-97 bonus issue ratio 1 : 1
2002-03 bonus issue ratio 1 : 1
2006-07 bonus issue ratio 1 : 2
2010-11 bonus issue ratio 1 : 1
2006 - 22.5%
2007 - 22.5%
2008 - 24%
2009 - 30%
2010 - 40%
2011 - 25%
2012 (Interim) - 25%
2012 (Final) - 25%
2013* (Interim) - 40%
2013^ (Final) - 50%
* On November 7, 2012 the board of directors of the company recommended and paid an interim dividend of 40% for the financial year 2012-13.
^ On April 25, 2013 the board of directors of the company recommended a final dividend of 50% for the financial year 2012-13.
Yes. A nomination facility is available to the shareholders under section 109A of the Companies Act, 1956. Shareholders are advised to make use of the nomination facility. For further details, investors may contact the R&T Agents of the company.
To transfer shares in physical form and general correspondence regarding shares, shareholders may write to the company's registrars:
Karvy Computershare Private Limited
Unit: Infotech Enterprises Limited
Plot No. 17 to 24, Vithalrao Nagar,
Madhapur, Hyderabad - 500 081
Tel: +91 40 44655000/44655152
Fax: +91 40 44655024/23420814
Email: mohsin.mohd(at)karvy.com; einward.ris(at)karvy.com
Transfer of shares in electronic form is effected through your depository participant. Please note that the Securities and Exchange Board of India has issued directives that trading in the scrip of the company would be in compulsory demat form by all investors effective August 28, 2000.
The company's equity shares are listed in India on the National Stock Exchange (NSE: CYIENT) and the Bombay Stock Exchange (BSE: 532175).
Cyient Limited's ISIN code is INE136B01020
You can find the record date and payment date for the last announced dividend in the "Investor News & Events" section of the "Investors" page on our website. These details are also notified to the stock exchanges on the same day of the announcement of the dividend and available on the BSE and NSE websites.
The quiet period at the company begins 14 days before the date of the board meeting and lasts until the day after the quarter's earnings release. During this period, the company's management refrains from communicating with market participants.
The annual general meeting (AGM) is typically held in mid-July. The formal announcement will be published on the Investors page of our website, closer to the event. If you are a shareholder, you will receive a formal notice of the meeting, containing details of the date, time and venue, alongside the annual report.
The company's shares can be purchased in the open market in India through either a stockbroker or any financial institution that provides brokerage services at the BSE or NSE.
Information about the company is available on its website. Further, all information that is material in nature is notified to stock exchanges and appropriate advertisements are also issued in the newspapers.
The company does not accept fixed deposits.
For physical holdings, please send a letter, duly signed by the first holder, stating the new address and folio numbers of the shares you own to our R&T agents. An acknowledgement will be sent to your new address confirming the updation of the change in our records.
In the case of dematerialized holdings, please write to your depository participant (DP) intimating them of the change and ask for a confirmation that their records reflect the new address.
Please write to our R&T agent, with details of folio numbers (in the case of physical holdings) or the DP ID and client ID in the case of dematerialized holdings. After verification, they will issue a fresh instrument.
To avoid this problem in the future, you can use the ECS facility in which the dividend amount is automatically credited to the bank account of your choice. To avail of this facility, give your request to our R&T agent in writing.
Also, you might consider dematerializing your holdings through a depository participant. This would not only eliminate the issues of storage and risk of loss of paper certificates but also ensure automatic crediting of dividents to your bank account.