CyberTech Systems and Software Limited announced a private placement of 26,32,500 equity shares having a face value of INR 10 each at an issue price of INR 153 per share for the gross proceeds of INR 402,772,500 on a preferential basis on December 12, 2023. The transaction included participation from new investor Red Banyan Holdings LLC for 10,85,000 shares for INR 16,60,05,000 and returning investor Indotech Holdings LLC for 15,47,500 shares for INR 23,67,67,500. The transaction has been approved by the shareholders of the company.

The share capital of the company stands increased from INR 28,47,30,930 to INR 31,10,55,930.