Outcome of the meeting of Board of Directors of the Company held on Wednesday, September 3, 2025.
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Ceinsys Tech Ltd's board, in a brief 10-minute meeting on September 3, 2025, made several key decisions. Mr. Surej Kunhithayyil Poyil, formerly CEO of Intelliswift USA and previously CTO at UST Global and VP at Cognizant, was appointed as Whole Time Director and CEO Designate for a 3-year term. The board accepted the resignation of CFO Mr. Samir Sabharwal effective September 15, 2025, and appointed CA Amita Saxena (a returning ex-CFO of Ceinsys) as the new CFO from October 1, 2025. The board also approved a new Employee Stock Options Scheme (CS Tech ESOS 2025) covering up to 8,70,000 equity shares, and cleared grants of 1%+ of issued capital to identified employees under this scheme. The revised notice for the 27th AGM was also approved.
Smooth CFO transition with a familiar face (Amita Saxena returning to the role) provides continuity, while the appointment of an experienced external CEO Designate signals strategic succession planning. The ESOP scheme covering up to 8.7 lakh shares introduces dilution but is aimed at retaining talent, and remains subject to shareholder and central government approvals.