Ceinsys Tech Limited has informed the Exchange about Acquisition-Further investment in Wholly Owned Subsidiary
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Ceinsys Tech Limited has invested an additional Rs. 10,00,000 in its wholly owned subsidiary ADCC Infocom Private Limited by subscribing to 10,000 equity shares of Rs. 100 each at face value. This investment is part of a previously approved total investment limit of Rs. 50 lakhs (approved by the Board on July 30, 2025), with the current tranche being Rs. 10 lakhs. ADCC Infocom is in the IT and software services business, with a net worth of Rs. 1.56 crore as of March 31, 2025, but has reported nil turnover for the last three financial years. Ceinsys Tech's shareholding in ADCC Infocom remains unchanged at 100% after this investment.
This is a routine capital infusion into a wholly owned subsidiary and does not change Ceinsys Tech's ownership or control. The small size (Rs. 10 lakhs) and the subsidiary's nil turnover suggest limited immediate impact on the parent's financials, though it indicates continued funding support for the subsidiary's operations.