Business Update26 Jun 2026, 05:40 pm
Ceinsys Tech Ltd: Tsecond Inc PO Terms Revised, Bifurcated
AI Summary
Ceinsys Tech Ltd has announced revisions to purchase orders (POs) from Tsecond Inc, USA, originally disclosed on June 13, 2026. The primary change involves the bifurcation of a PO for NVME drives supply into separate domestic and international orders due to operational requirements. The domestic portion is now with T Second India Private Limited (a subsidiary of T Second Inc, USA) for ₹22,77,74,191 ($23,94,850.08), while the international portion remains with T Second Inc, USA for ₹4,92,76,103 ($5,18,095.92). The total value and other material terms of the original POs remain unchanged. Other POs for AI-powered building/road extraction and geospatial imagery repository are unaffected.
Key Highlights
- Purchase order terms from Tsecond Inc, USA have been revised.
- A significant PO for NVME drives has been split into domestic and international components.
- The domestic PO is now with T Second India Private Limited.
- Total value of original purchase orders remains unchanged.
- The company is updating previously disclosed information.
Price Impact
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