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Ceinsys Tech Ltd ( (IN:CEINSYS) ) has issued an update.
Ceinsys Tech Ltd has completed the conversion of 30,96,515 previously issued convertible warrants into an equal number of equity shares at an issue price of Rs. 559.90 per share, after receiving the remaining 75% subscription amount from a mix of non-promoter, promoter and promoter group investors. The allotment, approved by the board via circular resolution on March 18, 2026, increases the company’s issued, subscribed and paid-up share capital from 1,78,41,146 to 2,09,37,661 shares, marginally raises promoter group ownership to 50.88%, eliminates all outstanding warrants, and results in newly issued shares ranking pari passu with existing stock for dividends and voting rights.
More about Ceinsys Tech Ltd
Ceinsys Tech Ltd is an Indian technology company based in Nagpur, Maharashtra, operating in the IT and engineering services space. The company focuses on providing technology-led solutions, and its equity shares are listed on both the National Stock Exchange of India and BSE, giving it access to a broad base of public and institutional investors.
Average Trading Volume: 49,350
Technical Sentiment Signal: Hold
Current Market Cap: 16.62B INR
Find detailed analytics on CEINSYS stock on TipRanks’ Stock Analysis page.