-20.50 (-1.71%) Cyient has signed definitive agreement with Innovation Communications Systems (ICS) to hive off the Software Design Radio (SDR) division of the company to Innovation Communications Systems. The company holds 23,42,869 equity shares which amounts to 15% shareholding of ICS. The core team in ICS has extensive experience and has been working in communications technology for several years.
Cyient provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. It leverages the power of digital technology and advanced analytics.