Double Digit Dividend Yield: IT stock below Rs 150 to consider buyback and dividend, last time it announced Rs 20 special dividend
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CyberTech Systems and Software will consider Q4FY26 results, dividend recommendation and equity share buyback proposal in its Board meeting scheduled on May 13, 2026, after earlier announcing a Rs 20 per share special dividend in FY26.
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The Indian equity markets ended sharply lower on Tuesday, with the benchmark Nifty 50 index declining 1.83 per cent to 23,379.55 during the session. Selling pressure remained visible across broader market indices, including select IT and technology stocks. In this segment, CyberTech Systems and Software remained in focus after the company announced the date for its upcoming Board meeting to consider Q4FY26 results, Dividend and buyback proposal. On Tuesday, CyberTech share price declined 4.90 per cent to Rs 136.38.
CyberTech Board Meeting Update
CyberTech Systems and Software informed exchanges that the meeting of the Board of Directors of the company is scheduled to be held on Wednesday, May 13, 2026.
According to the filing, the Board will consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, along with the audit report issued by the statutory auditors.
The company further stated that the Board will also consider recommendation of dividend, if any, for FY26 and proposal for buyback of equity shares of the company.
Special Dividend Announcement Earlier In FY26
CyberTech had earlier announced a special dividend of Rs 20 per share in October 2025. The company stated in its Q3FY26 earnings commentary that investment income during the quarter was lower due to the significant special dividend payout to shareholders.
About CyberTech Systems and Software
CyberTech Systems and Software Limited is engaged in geospatial, enterprise digital transformation and IT solutions businesses. The company provides services across geospatial engineering, cloud transformation, analytics, smart city solutions and enterprise IT applications.
The company specializes in cloud-based SAP digital transformation solutions, Esri ArcGIS enterprise cloud platforms and Spatialitics cloud-native SaaS offerings. CyberTech caters to clients across manufacturing, utilities, transportation, healthcare, government and infrastructure sectors through its digital technology and geospatial platforms.
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Disclaimer: This article is for informational purposes only and not investment advice.