Cyient Ltd. Rectifies Stock Option Grant Details for Plans 2021 and 2023
Cyient Limited corrected stock option grant details for its 2021 and 2023 plans due to an inadvertent error. A total of 1,94,700 options were granted across three plans: Associate Restricted Stock Units Scheme 2020 (79,700), Associate Stock Option Plan 2021 (20,000), and Associate Stock Option Plan 2023 (95,000).
This is a routine administrative correction of stock option grant numbers and does not materially impact the company's operations or financials.
The announcement is a correction of previously provided data, with no significant positive or negative financial or business implications mentioned.
Cyient Limited has issued a clarification regarding the details of stock options previously disseminated to the stock exchanges on 22 January 2026. The company has identified an inadvertent error where the number of stock options granted under the Associate Stock Option Plan 2021 and Associate Stock Option Plan 2023 were jumbled.
The rectified details indicate that under the Associate Restricted Stock Units Scheme 2020, 79,700 options were granted. For the Associate Stock Option Plan 2021, 20,000 options have been granted, and for the Associate Stock Option Plan 2023, 95,000 options have been granted. The total number of stock options granted across these plans amounts to 1,94,700.
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Cyient Limited filed this with the NSE as a statutory disclosure, categorised under designated person disclosures. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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