Cyient to establish wholly-owned semiconductor unit with $100 mn investment in Q1FY26

Mohan said the investment will be made from the proceeds of Cyient’s stake sale in Cyient DLM earlier this year. “Some of the proceeds we used for our debt repayment, but the majority is for the semiconductor business.”

Nov 13, 2024 - 18:00
 3
Cyient to establish wholly-owned semiconductor unit with $100 mn investment in Q1FY26
Mohan said the investment will be made from the proceeds of Cyient’s stake sale in Cyient DLM earlier this year. “Some of the proceeds we used for our debt repayment, but the majority is for the semiconductor business.”

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