Newspaper Advertisement-Addendum to the Notice of 27th Annual General Meeting
CEINSYS · price
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Ceinsys Tech Ltd has published a newspaper advertisement (in Financial Express, Indian Express, and Loksatta) issuing an addendum to its 27th Annual General Meeting (AGM) notice. The 27th AGM is scheduled for Monday, September 29, 2025, at 11:00 AM IST via video conferencing. Through this addendum, the company has withdrawn two agenda items from the AGM: Item No. 8 (appointment of Mr. Surej Kunhithayyil Poyil, DIN: 10999955, as Whole Time Director & CEO Designate) and Item No. 9 (approval for grant of Employee Stock Options equal to or more than 1% of issued capital under the CS Tech ESOS 2025 scheme to Mr. Poyil). No other items in the AGM notice have been modified. The detailed reasons for the withdrawal are provided in the explanatory statement attached to the addendum.
Shareholders will not be voting on the proposed appointment of Mr. Surej Kunhithayyil Poyil as WTD & CEO Designate or on the related ESOS grant at the upcoming AGM. The withdrawal of a senior leadership appointment item shortly before the AGM may signal last-minute changes in planned management succession and could be viewed cautiously by investors awaiting clarity on the company's CEO transition plans.