Ceinsys Tech Ltd — Important, 14-05-2026: Company Update

Ceinsys Tech's monitoring agency reported no deviation in the utilization of funds from its preferential issue for the recent quarter. The company successfully raised Rs. 235.06 Cr through equity shares and convertible warrants, slightly below its initial target due to undersubscription. A significant portion, Rs. 235.05 Cr, remains unutilized and is currently deployed in fixed deposits. While initial funds were for strategic acquisitions, business expansion, and working capital, the Board has yet to finalize the revised allocation, impacting the deployment timeline for these key growth objectives.