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IT - Software, Small Cap

Cyient will hold a meeting of the Board of Directors of the Company on 22 January 2026.

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Navitas Semiconductor Corporation, the industry leader in next-generation GaNFast? gallium nitride (GaN) and GeneSiC? silicon carbide (SiC) power semiconductors and Cyient Semiconductors have announced a strategic long-term partnership intended to advance the adoption of GaN technology in India and establish a complete, end-to-end GaN ecosystem.

Through this partnership, Navitas Semiconductor and Cyient Semiconductors intend to co-develop GaN products, digital and mixed signal ICs, GaN based system modules and design enablement platforms targeting India's high voltage, high power market segments such as AI data centers, electric mobility, performance computing, energy grid infrastructure and industrial electrification.

The partnership seeks to build a robust local supply chain and manufacturing ecosystem in support of the Indian Government's ?Make in India? initiative. In addition, through this partnership Navitas and Cyient Semiconductor aims to deploy IC technology in accelerating solution development for high voltage and high-power markets.

This is expected to include products based on Navitas' existing GaN technologies, along with new products tailored for India's unique market needs. Cyient Semiconductors' work in establishing a secure local supply chain and ecosystem for GaN products in India will further accelerate time to market for developers and OEMs across the region.

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Cyient Semiconductors announced that it has been qualified for a pivotal contract for the supply and qualification of technology IPs, including design enablement, for the Rs 4,500-crore modernization initiative at the Semi-Conductor Laboratory (SCL), Mohali.

This modernization initiative supports the Government of India's objectives under the India Semiconductor Mission (ISM), which aims to expand domestic semiconductor capability, reduce reliance on imports, and create accessible fabrication capacity for startups, academia, and strategic sectors. Cyient Semiconductors is set to contribute directly to these goals by updating the process technology platforms that will underpin the upgraded fab.

Under this mandate, Cyient Semiconductors will supply and qualify three foundational process technologies?RF-CMOS, BCD (HV LDMOS), and CMOS Image Sensor (CIS) ?for SCL's enhanced 8-inch manufacturing line. These technologies are widely used across industrial, automotive, energy, sensing, and connectivity domains and are essential to strengthening the relevance and utility of India's mature-node semiconductor capability.

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Cyient has allotted 8,637 equity shares to associates of the company upon exercise of stock options under Plan ASOP 2015 and ARSUS 2020.

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