The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raghav Meghe
CEINSYS · price
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Raghav Sameer Meghe, part of the Promoter Group of Ceinsys Tech Limited, has disclosed the acquisition of 1,78,603 equity shares pursuant to the conversion of share warrants that were originally allotted on a preferential basis on March 18, 2026. Before this conversion, he held 1,78,603 warrants representing 0.85% of the company; after conversion, he holds 1,78,603 equity shares, still representing 0.85% of the total share capital. The company's total equity share capital expanded from Rs. 17.84 crore (1,78,41,146 shares) to Rs. 20.94 crore (2,09,37,661 shares), indicating that other warrant holders also converted during the same period. No cash consideration was paid for this transaction — it is simply a conversion of instruments already held by the promoter group.
This is a non-cash, neutral-to-slightly-positive event. The promoter's percentage holding remains unchanged at 0.85%, signalling commitment from the promoter group rather than a fresh infusion or dilution. Shareholders may note the broader increase in share count from warrant conversions, which slightly dilutes non-participating shareholders.