Cyient DLM Limited Seeks Shareholder Approval for Rs. 36.85 Crores IPO Proceeds Reallocation
Published on: Feb. 6, 2026, 7:49 p.m. | Source: scanx.trade
Cyient DLM Limited has issued a postal ballot notice seeking shareholder approval to reallocate Rs. 36.85 crores from capital expenditure to working capital requirements. The reallocation represents 6.2% of total IPO proceeds and is driven by global market changes, business growth, and post-acquisition integration needs. Remote e-voting will be conducted from February 7 to March 8, 2026.
