Cyient Limited — Important, 19-10-2024: General Updates

Cyient Ltd. has incorporated a new wholly-owned subsidiary named Cyient Semiconductors Inc. in Delaware, USA. This entity will operate in the semiconductors industry, and its purpose is to engage in lawful corporate activities. The acquisition is fully owned, and the investment involved a subscription to the bylaws with cash consideration. There are no historical turnover details or regulatory approvals required as per the announcement.