Cigniti Technologies buyback 2022 is to open on May 27, 2022. Cigniti Technologies buyback record date is not set as its an Open Market Offer. The investor should buy the Cigniti Technologies shares before the record date to get eligibility for the buyback. Check out Cigniti Technologies Share Buyback 2022 details below:
Cigniti Technologies Limited is a leading Digital Assurance, Quality Engineering company, and Software Testing company. They offer services like Artificial Intelligence Testing, Big Data & Analytics Testing, Blockchain Testing, Cloud Migration Assurance, Internet of Things (IoT) Testing, Mobile Testing, Robotic Process Automation (RPA), 5G Assurance Services, DevOps Testing, Compatibility Testing, Functional Testing, Performance Testing, Regression Testing, Security Testing, Test Automation, Crowdsourced Testing, Quality Engineering, Enterprise Application Assurance, ERP Testing, Salesforce Testing, Medical Devices Testing, Test Management Services, Agile Testing, Test Data Management, Service Virtualization, Test Advisory & Transformation Services, DevOps Transformation, Testing Center of Excellence, Test Advisory & Transformation Services. They serve Fortune 500 and Global 2000 companies in 13 countries. Some of their clients are Southwest, Snapdea, AirAsia, Cipla, and more.
Cigniti Technologies Buyback 2022 Dates
|Buyback Meeting Date:|| May 18, 2022|
|Buyback Announcement Date:||May 18, 2022|
|Buyback Record Date:||Open Market|
|Buyback Open Date:||May 27, 2022|
|Buyback Close Date:||Nov 26, 2022|
|Finalization of Buyback Acceptance:||–|
Cigniti Technologies Buyback 2022 Offer Details
Cigniti Technologies buyback of 7,60,000 equity shares at a price of ₹500 per equity share. The buyback offers not to exceed ₹38 crores of the total buyback offer size.
|Offer Amount:||₹38 Crores|
|Number of Shares:||7,60,000 Equity Shares|
|Face Value:||₹10 per equity share|
|Buyback Price:||₹500 per equity share|
|Listing:||BSE & NSE|
|Buyback Type:||Open Market Offer|
|Letter of Offer:||Click Here|
Cigniti Technologies Buyback 2022 Acceptance Ratio
The investor should buy around 400 shares at a current market price of ₹413 (as of 23 May 2022). The calculation will be ₹2,00,000 / ₹500 buyback price = 400 shares.
|Acceptance Ratio||Investment||Shares Buyback||Profit|
Cigniti Technologies Financial Report
|₹ in Crores|
Cigniti Technologies Buyback 2022 Eligible Share Holders
The investors are eligible for the buyback scheme who have Cigniti Technologies shares in their Demat account as the record date is Open Market Offer. Investors can participate in the Cigniti Technologies Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Cigniti Technologies buyback scheme.
Cigniti Technologies Buyback 2022 Registrar
Cigniti Technologies Buyback 2022 Lead Managers
- Bajaj Capital Limited