Ceinsys Tech Limited has informed the Exchange regarding - Allotment of equity shares by Ceinsys Tech Limited to certain Non- Promoter, Promoter and Promoter Group (Allotees) pursuant to exercise of share warrants by the allotees, through Circular resolution of Board of Directors dated March 18, 2026.
CEINSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ceinsys Tech Limited has allotted 30,96,515 equity shares of face value Rs. 10 each at a premium of Rs. 549.90 per share, pursuant to the conversion of an equal number of convertible warrants originally issued on September 20, 2024 on a preferential basis at Rs. 559.90 per warrant. The allottees paid the remaining 75% of the issue price (Rs. 419.925 per warrant), bringing in approximately Rs. 130.03 crore in total. The allottees include non-promoter Rare CP Fund I LP (14,89,086 shares) and three promoter/promoter group members — Sagar Meghe, Devika Meghe, and Raghav Meghe. As a result, the company's paid-up equity capital rose from Rs. 17.84 crore to Rs. 20.94 crore, and promoter shareholding moved marginally from 50.70% to 50.88%. No further warrants remain outstanding.
This is a routine completion of a previously announced preferential warrant issue, with no fresh fundraising or surprise dilution. The ~17% expansion in the equity base was already priced in by the market since the warrants were allotted in September 2024. Promoter holding nudging up slightly is mildly confidence-supportive.