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's Board of Directors conducted a meeting on December 16, 2025, approving several strategic leadership changes, organizational restructuring initiatives, and governance matters. The board meeting, which commenced at 10:06 AM and concluded at 12:15 PM, addressed critical appointments, resignations, and postal ballot approvals.

Key Leadership Appointments and Changes

The board approved multiple significant leadership transitions that will reshape the company's executive structure:

Executive Profile and Transition Details

Mr. Prashant Kamat has been appointed as an Additional Director in the capacity of Non-Executive Non-Independent Director, effective January 1, 2026. He is an accomplished executive with over 30 years of progressive career experience in operations, finance, strategic marketing, business expansion, and new product development. He holds a master's degree in mechanical engineering from IIT Mumbai and started his career in 1994. Currently serving as Whole Time Director, Vice Chairman and CEO of the Company, he will vacate these positions on December 31, 2025.

Mr. Sagar Meghe's designation has been changed from Non-Executive Non-Independent Director-cum-Chairman to Whole Time Director and Chairman, effective December 16, 2025. The board expressed optimism about the company scaling greater heights under his active guidance.

Strategic Resignations and Departures

Mr. Surej Kunhithayyil Poyil resigned from his position as Non-Executive Non-Independent Director and CEO Designate to completely focus on international operations of the wholly owned subsidiary, Technology Associates Inc. (TA Inc) USA, where he continues as Chief Executive Officer.

Mr. Vishal Pawar resigned from his position as Chief Marketing Officer and Senior Management due to personal reasons, with his resignation effective from December 19, 2025.

Audit Committee Reconstitution

The board approved the re-constitution of the Audit Committee with the following composition:

Postal Ballot Approval

The board approved the Notice of Postal Ballot for passing Ordinary/Special Resolutions for:

• Appointment of Mr. Prashant Kamat as Non-Executive Non-Independent Director
• Approval of change in designation of Mr. Sagar Meghe and fixing his remuneration
• Approval of revision in remuneration of Dr. Abhay Kimmatkar, Managing Director

The Notice of Postal Ballot will be circulated in due course of time, and the information will be available on the company's website at https://cstech.ai/ .