Ceinsys Tech Ltd

Technologies Associates Inc., a wholly-owned subsidiary of Ceinsys Tech Ltd, has received a purchase order worth ₹4,07,12,250 (equivalent to US $428,550) from Emotiv Mobility, LLC, USA. The order is for the Beta development of a Hybrid Power Transfer Case (HPTC) and is expected to be executed within 4 months.

Ceinsys Tech Ltd has disclosed the Monitoring Agency Report by CARE Ratings for the quarter ended March 31, 2026, as per Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 162A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The report monitors the utilization of funds raised through a Preferential Issue of Equity Shares and Convertible Share Warrants, aggregating to ₹235.06 crore. The report indicates no deviation from the stated objectives.

Ceinsys Tech Ltd reported a deviation in the utilization of funds raised through preferential allotment of equity shares and convertible share warrants. The funds raised amounted to ₹235.06 Cr against the initially planned ₹243.40 Cr due to one proposed allottee not availing the offer. The funds were intended for strategic business acquisitions/investments, expansion of existing business operations, and working capital requirements. There was no utilization of funds during the quarter ended March 31, 2026.

Ceinsys Tech Ltd's board approved the audited standalone and consolidated financial results for FY26 and recommended a final dividend of ₹3.50 per share. They also approved variations in the use of preferential issue funds, subject to shareholder approval, and appointed PricewaterhouseCoopers Services LLP as internal auditors for FY27. The board noted the resignation of Mr. Anand Paranjape and approved a postal ballot for resolutions including remuneration revisions for key executives.

Ceinsys Tech Ltd's board approved the audited standalone and consolidated financial results for the year ended March 31, 2026, and recommended a final dividend of ₹3.50 per share. They also approved variation in fund utilization from preferential issue, appointed PricewaterhouseCoopers Services LLP as internal auditors for FY 2026-27, and noted the resignation of Mr. Anand Paranjape. The board approved a notice for postal ballot to approve the variation in fund utilization and revision in remuneration of key managerial personnel.

Ceinsys Tech Ltd's board approved the audited standalone and consolidated financial results for the year ended March 31, 2026, and recommended a final dividend of ₹3.50 per share. The board also approved variations in the utilization of funds from a preferential issue, appointed PricewaterhouseCoopers Services LLP as internal auditors for FY 2026-27, and noted the resignation of Mr. Anand Paranjape. Additionally, the board approved a notice for a postal ballot to approve the variation in fund utilization and revisions in the remuneration of key managerial personnel.

Ceinsys Tech Ltd has scheduled a Board of Directors meeting on May 14, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board will also consider recommending a dividend, if any, for the financial year ended March 31, 2026, subject to shareholder approval. Additionally, the meeting will address a variation in the objects relating to the utilization of funds from the Preferential Issue. The trading window for dealing in the company's shares has been closed from April 1, 2026, and will remain closed until 48 hours after the results are made public.

Ceinsys Tech Ltd announced the resignation of Mr. Phaneesh Murthy, a Non-Executive Independent Director, effective April 28, 2026. Mr. Murthy tendered his resignation due to personal reasons, as stated in his letter dated April 28, 2026. The company confirmed that Mr. Murthy has also provided a confirmation that there are no other material reasons for his resignation beyond those mentioned. This intimation is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ceinsys Tech Ltd has further invested USD 2,161,000 (approximately ₹20.28 Crores) as fresh equity capital in its wholly-owned foreign subsidiary, Technology Associates Inc., USA. This investment, made on April 18, 2026, is part of a larger board-approved limit of up to ₹40 Crores and aims to meet funding requirements for seizing growth opportunities in the USA. Technology Associates Inc. is an unlisted subsidiary engaged in providing engineering design services, and Ceinsys Tech's shareholding remains unchanged at 100% post-investment. The transaction was a cash consideration and complied with FEMA Regulations.

Ceinsys Tech Ltd. has received an Acceptance Letter from Maharashtra Housing and Area Development Authority (MHADA) for a contract worth Rs. 41,25,83,930/- (Rupees Forty-One Crores Twenty-Five Lakhs Eighty-Three Thousand Nine Hundred Thirty Only) excluding taxes. The company will serve as the agency for Design, Development and Maintenance of Integrated Project Management System and 3D Urban Spatial Digital Model and Web Based GIS Platform for MHADA. The contract has a implementation period of 12 months and an O&M and Support phase of 36 months.