BSE IT Technology Sector Regulatory Filings — August 25, 2026

25-08-2026

Cyient Limited held its Investor Day on August 25, 2026, where management presented its strategy of three growth engines — Cyient DET (Digital, Engineering & Technology), Cyient Semiconductors, and Cyient DLM (Design-Led Manufacturing) — built to compound value through domain, lifecycle ownership, and IP-led pivots. The company highlighted its capital allocation principles, key acquisitions (TAO Digital Solutions and Kinetic Technologies), and a sum-of-parts valuation implying a group market cap of ₹9,517 Cr (₹9,517 Crore). While the presentation showcased strong growth visibility and record order books, it also noted that Cyient DET's revenue grew at a modest pace and that the semiconductor business remains in an early, investment-heavy phase with revenue of only $25.7M.

• · Large Deals Pipeline >$300 Mn end of Q1
• · B2B ratio 1.5x for Cyient DLM
• · Cyient DET had 5 Large Deal Wins in Q1
• · Group D/E ratio: 0.37x
• · Consistent average payout ratio of 67% in 6 years (FY26 includes buyback)
• · TAO Digital Solutions: ~3,500 staff, EV $218M, deal expected to close Q2'27
• · Kinetic Technologies: Santa Clara, CA, $85M deal, closed Apr 8, 2026
• · Cyient Ltd. currently holds 100% of Cyient Semiconductors; expected to dilute to 98% by FY29, then 74% for Kinetic by FY29
• · Cyient's stake in Cyient DLM is 52.1% (public float)
• · Power IC market expected to reach $80B by 2035
• · India semiconductor market expected to reach $200B by 2035
• · Global EMS market expected to reach $1.8T by 2035
• · Defense electronics market expected to reach $320B by 2035
• · EMS spend on design & engineering: 25%

25-08-2026

KPIT Technologies responded to Stakeholders Empowerment Services (SES) AGAINST recommendations on three key resolutions (5, 6, 9) for the upcoming 9th AGM on August 31, 2026. The company clarified that Resolutions 5 and 6 seek only to maintain existing remuneration limits (NED: 2% of net profits; ED: 8% individual/15% collective) for another five years, not increase them, and that historical differential payments to late Chairman Ravi Pandit (₹1.98 Cr vs ~₹0.59 Cr for other NEDs) do not set a precedent for promoter NEDs going forward. For Resolution 9 reappointing Mr. Chinmay Pandit as Whole-time Director, KPIT disclosed capped remuneration components (INR 23 Mn fixed base from the company, up to INR 10 Mn cash bonus, annual increment cap of 15%) and confirmed total remuneration from subsidiaries (INR 56.97 Mn in FY2025-26) will remain within SEBI limits, though SES had flagged insufficient subsidiary compensation disclosure.

• · Resolution 5 maintains the existing 2% of net profits limit (not increase) for NED remuneration, same as approved in 2021 AGM.
• · Dr. Nirmala Pandit will be remunerated on the same basis as other Independent Directors, with no special differential treatment.
• · Resolution 6 only continues the existing 8% individual / 15% collective limits approved at 2021 AGM, not an increase from statutory 5%/10%.
• · Total ED remuneration in FY2025-26 (₹197.54 Mn) was well within the available limit of ₹691 Mn, demonstrating prudent use.
• · Mr. Chinmay Pandit's total remuneration from all sources (company + subsidiaries) will always be below 2.5% of net profits under SEBI LODR Regulations.
• · The company clarified that subsidiary compensation for Mr. Pandit (USD-denominated, INR 56.97 Mn in FY2025-26) is benchmarked to local peer salaries.

25-08-2026

Infosys released a research report titled 'The AI ROI Gap: Turning Ambition Into Enterprise Value' based on a survey of over 1,000 U.S. senior executives. The report highlights that while 80% of executives view AI as critical to revenue growth, one in four say AI ROI has fallen below expectations, and two-thirds struggle to measure AI success. The findings suggest AI's strongest measurable gains are in operational efficiency and cost savings rather than revenue growth, and scaling remains a key barrier, with nearly three-quarters reporting fewer than 25% of AI pilots scale successfully.

• · Survey of more than 1,000 U.S. senior executives at large companies
• · AI's strongest measurable gains are in speed to market and cost savings, not revenue growth
• · Unclear business cases and poorly defined ROI targets are cited as primary reasons AI initiatives fail to scale
• · Concerns about employee overreliance on AI, unapproved AI usage, and security risks are emerging
• · Recommendations include defining business outcomes before implementing technology and expanding measurement frameworks beyond revenue-based metrics

25-08-2026

Hexaware Technologies announced a CSR partnership with Ashoka Innovators for the Public (India) to support two social entrepreneurs through Ashoka's Fellowship program. The partnership includes grant support, leadership training, and global exposure for the selected Fellows. No financial details or performance metrics were disclosed.

• · The partnership provides grant support for two Ashoka Fellows selected through Ashoka's rigorous selection process.
• · Fellows receive leadership development, strategic guidance, peer-learning opportunities, and access to a global network.
• · The collaboration aligns with Hexaware's commitment to responsible business practices and Ashoka's mission of 'Everyone a Changemaker'.

25-08-2026

HCL Technologies has informed the exchanges that it will participate in two investor conferences in September 2026: a London NDR hosted by Axis Capital on September 2-3, and the Jefferies 5th India Forum in Gurugram on September 16-18. The company executives may also hold one-on-one meetings with investors during these events. No unpublished price-sensitive information will be shared.

• · London NDR is scheduled for September 2-3, 2026, hosted by Axis Capital.
• · Jefferies 5th India Forum is scheduled for September 16-18, 2026, in Gurugram.
• · One-on-one investor meetings may also take place during these events.

25-08-2026

Sonata Software Limited announced that the Scheme of Arrangement and Amalgamation with its wholly-owned subsidiary Encore I.T. Services Solutions Private Limited has become effective from August 14, 2026, following approval by the Registrar of Companies (RoC) on August 25, 2026. The appointed date of the scheme is April 1, 2024. Since the merger involves a wholly-owned subsidiary and no fresh equity shares are issued, there is no change in the company's issued, subscribed, and paid-up capital.

• · The appointed date of the scheme is April 1, 2024.
• · No fresh equity shares are issued under the scheme, so the issued, subscribed, and paid-up capital remains unchanged.