Ceinsys Tech Limited has submitted its quarterly fund utilization disclosure to BSE Limited for the quarter ended December 31, 2025, in compliance with SEBI regulations. The disclosure, signed by Company Secretary Pooja Karande on February 10, 2026, provides details of fund deployment from the company's preferential allotment completed in September 2024.

Fund Raising Details

The company successfully raised Rs. 235.06 Cr through preferential allotment on September 20, 2024, monitored by Care Ratings Limited. The fund raising structure included equity shares and convertible share warrants issued to non-promoter allottees.

The original proposal was for Rs. 243.40 Cr, but one proposed allottee of 1,48,909 equity shares worth Rs. 8.34 Cr did not participate, resulting in the revised amount of Rs. 235.06 Cr comprising 11,01,749 equity shares and 30,96,515 share warrants.

Fund Utilization Status

During the quarter ended December 31, 2025, the company reported minimal fund utilization across its stated objectives. The Audit Committee, in its meeting held on February 9, 2026, noted that there was no significant utilization of funds during the quarter.

Fund Management and Deployment

The company has received Rs. 105.03 Cr to date, representing 100% consideration for equity shares (Rs. 61.69 Cr) and 25% consideration for share warrants (Rs. 43.34 Cr). As of December 31, 2025, Rs. 105.00 Cr of unutilized funds have been invested in term deposits, while Rs. 0.0189 Cr remains in a separate bank account.

The company had received excess amount of Rs. 0.22 Cr from proposed allottees, which was refunded on October 17, 2024. The disclosure confirms no deviation or variation in the use of raised funds according to the original objects approved by shareholders.

Regulatory Compliance

The statement was duly reviewed by the Audit Committee and filed in accordance with Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's auditors provided no additional comments on the fund utilization. Chief Financial Officer Amita Saxena certified the disclosure on February 9, 2026, confirming compliance with all regulatory requirements.

Ceinsys Tech Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, alongside several strategic board decisions during a meeting held on February 9, 2026. The company demonstrated robust financial performance with significant growth across key metrics and outlined important corporate governance and investment initiatives.

Financial Performance Highlights

The company delivered strong financial results for Q3FY26, showing substantial growth across both standalone and consolidated operations. The performance reflects the company's strengthening market position and operational efficiency.

Standalone Results

For the nine months ended December 31, 2025, standalone revenue from operations reached ₹47,166 lakhs compared to ₹26,159 lakhs in the corresponding period of the previous year, representing an 80.2% increase. Net profit for the nine-month period stood at ₹11,877 lakhs versus ₹5,713 lakhs in the previous year.

Consolidated Results

The consolidated nine-month results showed revenue from operations of ₹48,999 lakhs compared to ₹27,567 lakhs in the previous year, while net profit increased to ₹9,625 lakhs from ₹4,137 lakhs.

Segment Performance

The company operates across multiple business segments, with both showing strong performance during the quarter.

Key Board Decisions

The board approved several significant decisions that will shape the company's future direction and leadership structure.

Leadership Appointments

Dr. Abhay Kimmatkar brings extensive experience in the Information Technology sector with expertise in business development, operations, and strategic initiatives. His leadership has been instrumental in expanding the company's business verticals across water, transportation, and geospatial domains.

Postal Ballot Resolutions

The board approved a revised notice for postal ballot covering multiple resolutions:

• Regularization of appointment of Mr. Prashant Kamat as Non-Executive Non-Independent Director
• Revision in remuneration of Dr. Abhay Kimmatkar, Managing Director
• Change in designation of Mr. Sagar Meghe from Non-Executive Non-Independent Director Cum Chairman to Chairman and Whole Time Director
• Re-appointment of Dr. Abhay Kimmatkar as Managing Director

Subsidiary Investment Authorization

Technology Associates Inc., a wholly-owned US subsidiary, reported a net worth of ₹19.08 crores and turnover of ₹23.43 crores as of March 31, 2025. The subsidiary is engaged in providing engineering design services and the additional investment aims to support growth opportunities in the US market.

Exceptional Items and Regulatory Impact

The company recorded exceptional items of ₹116 lakhs in Q3FY26 related to the one-time incremental impact of gratuity due to the Government of India's consolidation of 29 existing labour legislations into four Labour Codes, effective from November 21, 2025.

Share Capital and Employee Stock Options

The paid-up equity share capital remained at ₹1,784 lakhs with a face value of ₹10 each. During the period, 4,00,000 stock options were vested and exercised under the "Ceinsys Employee Stock Incentive Scheme 2024" and allotted on July 14, 2025. Additionally, 2,00,000 options granted to a foreign subsidiary employee were cancelled as performance parameters were not met.