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/ .

Ceinsys Tech Limited , a company currently listed on the BSE Limited, has taken a significant step towards expanding its market presence by applying for listing on the National Stock Exchange of India Limited (NSE). This move, announced on December 6, 2025, aims to widen investor participation and improve the visibility of the company's equity shares.

Strategic Move for Market Expansion

The decision to seek listing on NSE comes at a time when Ceinsys Tech has shown substantial growth in its financial position. The company's latest balance sheet data reveals impressive year-over-year improvements across various financial metrics.

Financial Highlights

Ceinsys Tech's financial position has strengthened considerably over the past year, as evidenced by its consolidated balance sheet:

The company has demonstrated significant growth across key financial indicators:

• Total Assets: Increased by 77.15% to ₹577.70 crore
• Current Assets: Nearly doubled with a 94.71% increase to ₹445.70 crore
• Total Equity: Grew by 75.95% to ₹411.90 crore
• Fixed Assets: Expanded by 82.23% to ₹80.00 crore

This robust financial performance underscores the company's growth trajectory and may have influenced its decision to seek listing on the NSE.

Implications of NSE Listing

The proposed listing on NSE is expected to bring several benefits to Ceinsys Tech:

1. Wider Investor Base: Access to a larger pool of investors, potentially increasing liquidity in the stock.
2. Enhanced Visibility: Greater exposure to institutional and retail investors on a national platform.
3. Improved Market Perception: Dual listing often enhances a company's credibility and market standing.

Looking Ahead

As Ceinsys Tech awaits approval from NSE, the market will be watching closely to see how this strategic move unfolds. The company's strong financial growth, coupled with the potential for increased market visibility, positions it for an interesting phase in its corporate journey.

Investors and market participants will be keen to observe how this expansion in listing impacts the company's stock performance and overall market presence in the coming months.