General Updates

21 August 2026 BSE Limited National Stock Exchange of India Ltd PJ Towers, 25th Floor Exchange Plaza Dalal Street Bandra-Kurla Complex, Bandra(E) Mumbai 400001. Mumbai-400 051 Scrip Code: 532175 Scrip Code: CYIENT Dear Sir/Madam, Sub: Dissolution of Infotech HAL Limited, Joint Venture Company Ref.: Earlier disclosures dated 20 March 2024, 28 August 2025 and 06 March 2026 Further to the disclosures referred to above, this is to inform that the Bengaluru Bench of the Hon’ble National Company Law Tribunal, (“NCLT”) has passed an order dated 17 August 2026 (received today) dissolving Infotech HAL Limited (a 50:50 joint venture of the Company with HAL), pursuant to the completion of the liquidation process. Copy of the order issued by the NCLT is enclosed. This disclosure is being made in accordance with the requirements of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This is for your information and records. Thanking you For Cyient Limited Sudheendhra Putty Company Secretary Cyient Ltd. 4th Floor, A Wing, 11 Software CIN: L72200TG1991PLC013134 Units Layout, Madhapur www.cyient.com Hyderabad -500 081 Company.secretary@cyient.com India T +91 40 6764 1000 F +91 40 2311 0352 IN THE NATIONAL COMPANY LAW TRIBUNAL, BENGALURU BENCH [Through Physical hearing/VC Mode (Hybrid)] ITEM No.20 IA (DIS) 11/2026 & IA (Liq) PR 107/2026 in C.P. (IB) No. 99/BB/2024 IN THE MATTER OF: Infotech HAL Limited … Petitioner Petition under Section 10 of I & B Code 2016 Order delivered on: 17.08.2026 CORAM: SHRI. SUNIL KUMAR AGGARWAL HON’BLE MEMBER (JUDICIAL) SHRI. RADHAKRISHNA SREEPADA HON’BLE MEMBER (TECHNICAL) PRESENT: For the Applicant in IA.(Dis) 11/2026 : Shri G Sudhakar ORDER IA (Liq) PR 107/2026 1. It is stated that the 2nd Progress Report was subsequently filed by the RP. The report, setting out the developments. We have been gone through it. The IA is taken on record and IA is disposed of. IA (DIS) 11/2026 is allowed vide separate order and the Corporate Applicant has been dissolved. File be consigned to Record Room. -Sd- -Sd- RADHAKRISHNA SREEPADA SUNIL KUMAR AGGARWAL MEMBER (TECHNICAL) MEMBER (JUDICIAL) IN THE NATIONAL COMPANY LAW TRIBUNAL, BENGALURU BENCH (Exercising the powers of Adjudicating Authority under The Insolvency and Bankruptcy Code, 2016) I.A. (Dis.) 11/BB/2026 C.P. (IB) No. 99/BB/2024 (Application under Section 54(1) of the Insolvency and Bankruptcy Code, 2016 read together with Regulation 45(3) and 44(2) of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. IN THE MATTER OF: INFOTECH HAL LIMITED Through its Liquidator Mr. Vasudevan Gopu ‘G.V. Enclave’ 18/30, Ramani Street, K.K. Pudur, Saibaba Colony (4th Right Opp. Road to Saibaba Colony Hotel Annapoorna Road), Coimbatore-641038 … Liquidator/Applicant IN THE MAIN MATTER OF: INFOTECH HAL LIMITED Registered office at 5th Floor, Infotech IT Park Phase 1, 110A & 110B, Electronics City, Hosur Main Road, Bangalore-560100, Karnataka. …Corporate Applicant/Debtor Order delivered on: 17.08.2026 CORAM: Shri Sunil Kumar Aggarwal, Hon’ble Member (Judicial) Shri Radhakrishna Sreepada, Hon’ble Member (Technical) IA (Dis.)11/2026 in CP(IB) No. 99/2024 Page 1 of 8 COUNSELS PRESENT: For the Petitioner : Shri G Sudhakar O R D E R 1. This Application has been filed on 09.06.2026 with following prayers: i. That the Corporate lnfotech HAL Limited (In Liquidation) may kindly be ordered to be dissolved; and ii. To pass such further order(s) or give such other directions as the Hon'ble Tribunal may deem fit, proper and just under circumstances of the case. 2. The relevant facts emanating out of the application are: (a) The Corporate Applicant, Infotech HAL Limited, was incorporated on 23.08.2007 in Karnataka and allotted Corporate Identity Number: U29200KA2007PLC043691. It is a joint venture between Cyient Limited and Hindustan Aeronautics Limited, envisaged to carry out service work of aero-engines with Authorized Share capital of Rs.28,00,00,000 (Rupees Twenty-Eight Crores Only) and Paid-up Share Capital of Rs.4,00,00,000 (Rupees Four Crores Only). (b) An application for initiating Corporate Insolvency Resolution Process filed by the Corporate Applicant under section 10 of the Insolvency and Bankruptcy Code 2016, was admitted by this Authority on 22.08.2025 and Mr. Vasudevan Gopu, IBBA/IPA-002/IPN00291/2017-18/10849 was appointed as the Interim Resolution Professional (IRP). He was confirmed as the Resolution Professional by CoC in its Ist meeting. (c) During CIRP the Committee of Creditors had decided for liquidation of the corporate debtor and subsequent to that an application under section 33 of Insolvency and Bankruptcy Code was filed by the Resolution Professional with this Hon'ble NCL T bench for Liquidation of the corporate debtor IA (Dis.)11/2026 in CP(IB) No. 99/2024 Page 2 of 8 (d) This Authority, vide an order dated 02.02.2026 directed liquidation of the corporate debtor in IA(Liq.) No. 01/2026 and appointed the Applicant as Liquidator of the Corporate Debtor. (e) In accordance with Regulation 12 of Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 a Public Announcement in Form B calling upon the stakeholders to submit their Claims or to update their Claims submitted during the Corporate Insolvency Resolution Process, was published in the newspapers - "Financial Express" (English) and "Sanjevani" (regional- Kannada) on 07.03.2026 having circulation at the place where the registered office of company is situated and also Form B was displayed on IBBI website. The last date fixed for submission of claims was 29.03.2026. (f) The applicant had sent notice to Income Tax authorities under Section 178 of Income Tax Act, 1961 through email and speed post on 09.03.2026 informing Commencement of Liquidation Process of lnfotech HAL Limited and to the Statutory Authorities viz. Central Tax Department, Employees Provident Fund Organisation, Employees State Insurance Corporation. Notices for submission of claims were also sent to all the other Creditors through email on 09.03.2026. (g) Pursuant thereto, revised claim from EPFO was received and for other creditors the claims submitted during the Corporate Insolvency Resolution Process were taken to be their claims in the liquidation process, in accordance with regulation 12(2)(c) of Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. (h) The Applicant had constituted the Stakeholder Consultation Committee ("SCC") under Regulation 31A of the IBBI (Liquidation Process) Regulations, 2016 on 28.04.2026. As per third proviso to Regulation 31A(2), a financial creditor or his representative, if he is a related party of the Corporate Debtor, shall not have a right to vote. Hence, they were not part IA (Dis.)11/2026 in CP(IB) No. 99/2024 Page 3 of 8 of the Stakeholders' Consultation Committee (SCC). In terms of Section 36(4)(a)(iii) of the Insolvency and Bankruptcy Code, 2016 the admitted Employees' Provident Fund Organisation ("EPFO") claims do not constitute part of the liquidation estate, and such amounts are not subject to distribution under Section 53 of the Code. Hence, they were not part of the Stakeholders' Consultation Committee (SCC). The following thus became the members of SCC: Sr. Name of Member of SCC Claim % of voting No. admitted 1 Asstt. Commissioner of Central 74,18,868 73.03 Tax, South Division -08, Bengaluru South Commissionerate 2 JJJ 1-ITech Pvt. Ltd. (Ashish 5,18,172 5.10 Kumar - Director) 3 All Time Support (Ravibabu- 12,00,000 11.81 Proprietor) 4 MOJ Associates (Mohit 1,08,000 1.06 Agarwal - Partner) 5 Chenthamarai Venkatachalam 9,09,357 8.95 6 Employees' State Insurance 4,956 0.05 Corporation, Sub Regional Office, Bommasandra Total 1,01 ,59,353 100 (i) The Applicant had prepared the Preliminary report as per Regulation 13 of the 1881 (Liqu [Showing first 8,000 characters — download PDF for full document]