Ceinsys Tech Ltd — Important, 07-11-2025: Company Update

Ceinsys Tech Ltd. received its Monitoring Agency Report from CARE Ratings for funds raised via a preferential issue totaling 235.06 crore. The report confirms no deviation in how the funds were utilized. So far, 105.03 crore has been raised from equity shares and 25% of convertible warrants, with 130.03 crore still pending from warrants. No funds were utilized this quarter, and the unutilized 105.02 crore is largely in fixed deposits. The initial offer's undersubscription reduced the total amount, potentially affecting the viability of planned strategic acquisitions, business expansion, and working capital needs, for which specific allocations are yet to be finalized by the board.