Cyient Ltd.

BSE: 532175 | NSE: CYIENT
Small Cap | IT - Software
840.60
10.70 (1.29%)
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Cyinet gets nod to reduce investment limits to 49% for non-residents

Date: 22-02-2018

Cyinet has received an approval for reduction of aggregate investment limits on non-residents from the existing 100% to 49% of the paid up share capital of the company, subject to the statutory approval. The board of directors passed a resolution and approved for the same.

Cyient provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. It leverages the power of digital technology and advanced analytics capabilities, along with domain knowledge and technical expertise, to solve complex business problems.