Ceinsys Tech Ltd has received an award extension for water infrastructure projects in Uttar Pradesh, marking a significant development in the company's project portfolio. The extension covers projects with a combined value of ₹107.07 crores, providing the company with extended timelines for execution.

Project Extension Details

The award extension encompasses water projects in Uttar Pradesh with revised completion schedules. The company has been granted extended timelines that will allow for project completion by March 2026 and March 2027.

Strategic Significance

This award extension demonstrates Ceinsys Tech's continued involvement in critical infrastructure development within the water management sector. The extended timelines provide the company with additional flexibility to execute these projects effectively while maintaining quality standards.

The projects are part of Uttar Pradesh's water infrastructure development initiatives, positioning Ceinsys Tech as a key participant in the state's infrastructure modernization efforts. The substantial project value of ₹107.07 crores represents a significant commitment to the company's infrastructure capabilities.

Company Profile

Ceinsys Tech Ltd operates in the IT software sector and has expanded its portfolio to include infrastructure projects. The company's involvement in water infrastructure projects showcases its diversification beyond traditional software services into critical infrastructure development.

Ceinsys Tech Limited has completed an intra-promoter share transfer under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. The transaction involved the transfer of 3,85,785 equity shares from Sameer Dattatraya Meghe to Vrinda Sameer Meghe through a gift arrangement, executed on December 29, 2025.

Transaction Completion Details

Vrinda Sameer Meghe has disclosed the substantial acquisition under Regulation 29(2) of SEBI Takeover Regulations, confirming the completion of the inter-se transfer among promoters. The transaction was executed as an off-market transfer by way of gift.

Updated Shareholding Pattern

Following the completion of the share transfer, the shareholding pattern within the promoter group has been restructured. Vrinda Sameer Meghe's total holding has doubled from her previous position.

Formal Disclosure Documentation

Vrinda Sameer Meghe, residing at Plot No. 135, Khamla Road, Pandey Layout, Nagpur, has submitted formal disclosure documentation to BSE Limited and the company. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance and Communication

The formal communication was addressed to BSE Limited's Corporate Relationship Department at 25th Floor, P.J. Towers, Dalal Street, Mumbai, and to Company Secretary Ms. Pooja Karande. The transaction falls under the exemption provisions of SEBI (SAST) Regulations, 2011, as it involves an inter-se transfer among promoter group members.

The disclosure documentation confirms that the acquisition was completed through an off-market transaction by way of gift, maintaining full regulatory compliance with exchange requirements and SEBI takeover regulations.