ALPHA TRIBE

Ceinsys Tech LtdImportant, 18-03-2026: Company Update

18-03-2026 | 09:21 pm

Ceinsys Tech confirmed the receipt of 130.03 Cr, representing the remaining 75% consideration from allottees for 30.97 lakh convertible share warrants. Its statutory auditors certified compliance with regulatory requirements regarding these fund receipts, ensuring proper accounting and no fund circulation. These warrants are convertible into equity shares at Rs. 559.90 each. The company also noted an excess amount of 1.78 Cr was received and will be refunded. This update validates the legitimate inflow of funds, bolstering the company's financial standing as warrants convert to equity.

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