Ceinsys Tech has approved the formation of a joint venture with AI Fabrik, Inc., USA, to develop sovereign AI infrastructure and services platforms in India. The board approved an initial investment of up to ₹25.00 Crores for a 50% stake in the proposed entity, which will be named Aastra AI India Private Limited. This strategic move aims to secure AI NEO cloud capabilities for the Indian government, citizen services, companies, cybersecurity, and defence use cases.

Joint Venture Structure

The proposed joint venture will be established in India with a 50:50 shareholding between Ceinsys Tech Limited and AI Fabrik Inc, USA. The transaction is not a related party transaction and will be conducted at arm's length. The company intends to incorporate the entity within 90 days, subject to name availability and necessary statutory approvals.

Investment and Funding

The board has approved the initial investment in a phased manner, starting with an aggregate amount of up to ₹25.00 Crores. The investment will be wholly funded from the proceeds of the preferential issue of equity shares and share warrants approved by shareholders in April 2024. Following a 90-day exploration period, the management will present a further investment proposal for the board's consideration.

Management Appointment

In a separate regulatory filing, the board appointed CA Richa Jain as the Deputy Chief Financial Officer (Dy. CFO) of the company effective July 6, 2026. Jain brings over 15 years of experience in corporate finance and operational strategy across manufacturing and infrastructure sectors.

Ceinsys Tech Ltd has revised the terms of a purchase order received from T Second Inc, USA, originally disclosed on June 13, 2026. The company has bifurcated the order for NVME drives supply into separate domestic and international purchase orders to meet operational requirements in India. The aggregate value of the orders remains unchanged at Rs. 30,06,28,063.06.

The revision follows a communication to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The initial purchase order covered NVME drives supply, AI-powered building and road extraction, and geospatial imagery repository services. The bifurcation specifically impacts the NVME drives supply component, while the terms for the other services remain unchanged.

Revised Purchase Order Structure

The bifurcation splits the scope of work between T Second India Private Limited, a wholly-owned subsidiary of T Second Inc, USA, and the US-based parent company. The domestic entity will handle the supply of NVME drives for operational requirements within India, while the international entity will manage the remaining scope.

Financial Impact and Order Details

The total quantity, specifications, aggregate value, and other material terms of the original purchase orders remain unchanged. The INR equivalent values have been calculated at the earlier exchange rate of US $1 = Rs. 95.11. Both the domestic and international orders are scheduled to be executed by June 30, 2026.

The disclosure was made to ensure the dissemination of accurate information to the stock exchanges. The company confirmed that the orders do not fall within related party transactions and that neither the promoter group nor group companies have any interest in the entities awarding the orders.