Cybertech Systems And Software Limited
Incorporated in 1995, CyberTech Systems and Software Ltd provides Information Technology and Software Development Services to customers primarily in USA
What Cybertech files
- Others49
- Important23
- Dividend/Bonus11
- Board Meeting8
- Updates4
- Results1
CyberTech confirmed no deviation in preferential issue fund usage for the latest quarter. It invested 40.28 Cr into its US wholly-owned subsidiary, aligning with expansion plans and future growth opportunities. #CYBERTECH #FundUtilization
Company approved financial results, declared Rs. 4/share final dividend, and announced a buyback of up to 8.5 lakh shares at Rs. 170 each, worth Rs. 14.45 Cr. New internal auditors appointed; employee benefits impacted by Labour Codes.
CyberTech invested US$ 4,344,900 as a capital contribution in its wholly-owned US subsidiary, CyberTech Systems & Software Inc. This move facilitates CSSI's business (turnover last year: US$ 22.40 million), with the company retaining 100% ownership.
CyberTech has fully utilized funds from its preferential allotment. 40.28 Cr has been invested into the equity capital of its wholly-owned US subsidiary, CyberTech Systems and Software Inc., aligning with approved objectives.