HDFC Mutual Fund Acquires 0.05% Stake in Cyient, Total Holding at 5.04%

HDFC Mutual Fund, through its various schemes, has acquired an additional 0.05% stake in Cyient Ltd, increasing its total holding to 5.04% of the company's paid-up equity share capital as of July 16, 2025. The acquisition was made through open market purchases.

Acquisition DetailsParticulars

Details

Name of Target Company

Cyient Ltd.Acquirer

HDFC Mutual FundPre-Acquisition Holding

4.99% (55,37,712 shares)Shares Acquired

0.05% (54,958 shares)Post-Acquisition Holding

5.04% (55,92,670 shares)Mode of Acquisition

Open MarketDate of Acquisition

July 16, 2025

Details of AcquisitionPrior to the acquisition, HDFC Mutual Fund held 55,37,712 shares of Cyient Ltd, representing 4.99% of the total share capital. With the acquisition of an additional 54,958 shares, the total holding has increased to 55,92,670 shares, which is 5.04% of the paid-up equity share capital. The paid-up equity share capital of Cyient Ltd is ₹55,51,94,620, comprising 11,10,38,924 equity shares of ₹5 each.Regulatory ComplianceThe disclosure was made in compliance with Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. HDFC Asset Management Company Limited, the investment manager for HDFC Mutual Fund, has informed both BSE Limited and the National Stock Exchange of India Limited about the acquisition.Entities Involved

The acquirer, HDFC Mutual Fund, includes various schemes managed by HDFC Trustee Company Limited. These schemes include HDFC BSE 500 ETF, HDFC BSE 500 Index Fund, HDFC Arbitrage Fund, HDFC Dividend Yield Fund, HDFC Flexi Cap Fund, HDFC NIFTY500 MULTICAP 50:25:25 INDEX FUND, HDFC NIFTY INDIA DIGITAL INDEX FUND, HDFC Retirement Savings Fund - Equity Plan, HDFC Retirement Savings Fund - Hybrid-Equity Plan, HDFC NIFTY SMALLCAP 250 ETF, HDFC NIFTY SMALLCAP 250 INDEX FUND and HDFC Technology Fund and HDFC ELSS Tax saver.