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Cigniti Technologies Buyback 2022 Record Date, Price & Ratio Details

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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

    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 RatioInvestmentShares BuybackProfit

    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

    Aarthi Consultants Pvt Ltd.
    1-2-285, Domalguda,
    Hyderabad – 500029
    Phone: +91-40-27638111
    Website: http://www.aarthiconsultants.in/

    Cigniti Technologies Buyback 2022 Lead Managers

    • Bajaj Capital Limited

    Cigniti Technologies Company Address

    Cigniti Technologies Limited
    Suite No. 106 & 107, 6-3-456/C
    MGR Estates, Dwarakapuri Colony,
    Punjagutta, Hyderabad, 500082
    Phone: +91-40-40382255
    Website: https://www.cigniti.com/

    Cigniti Technologies Buyback 2022 FAQs

    When is Cigniti Technologies Buyback 2022 Record Date?

    Cigniti Technologies buyback 2022 record date is Open Market Offer.

    When is Cigniti Technologies Buyback 2022 Open Date?

    Cigniti Technologies buyback 2022 open date is May 27, 2022.

    What is Cigniti Technologies Buyback 2022 Price?

    The company has fixed the price at ₹500 per share.

    How to apply for Cigniti Technologies Buyback 2022?

    As per the record date you need to have Cigniti Technologies shares in your Demat account. You can participate in buyback after having the stock in your account.

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