Ceinsys Tech Ltd. Promoter Group Acquires Shares Through Warrants Conversion
Ceinsys Tech Ltd. announced that Devika Sagar Meghe, a Promoter Group member, has acquired additional equity shares in the company. The acquisition occurred through the conversion of share warrants, according to a disclosure filed with the National Stock Exchange of India Limited and the BSE Limited.Specifically, 7,14,413 equity shares were acquired as a result of the conversion of an equal number of share warrants allotted by the company on March 18, 2026.
Prior to the acquisition, Mrs. Meghe held 10,51,986 shares representing 5.02% of the company’s total share/voting capital, and 5.02% of the total diluted share/voting capital. Following the acquisition of the 7,14,413 shares, Mrs. Meghe’s total holding now stands at 17,66,399 shares, representing 8.44% of the total share/voting capital and 8.44% of the total diluted share/voting capital.
The total equity share capital of the company before the acquisition was Rs. 17,84,11,460 (1,78,41,146 Equity shares of Rs. 10/- each), and after the acquisition is Rs. 20,93,76,610 (2,09,37,661 Equity shares of Rs. 10/- each).
| Detail | Value |
|---|---|
| Name of the Target Company (TC) | Ceinsys Tech Limited |
| Trading Symbol | CEINSYS |
| Scrip Code | 538734 |
| Acquirer | Mrs. Devika Sagar Meghe |
| Holding Before Acquisition (Shares carrying voting rights) | 10,51,986 (5.02% of total share/voting capital, 5.02% of total diluted share/voting capital) |
| Shares Acquired | 7,14,413 (3.41% of total share/voting capital, 3.41% of total diluted share/voting capital) |
| Holding After Acquisition (Shares carrying voting rights) | 17,66,399 (8.44% of total share/voting capital, 8.44% of total diluted share/voting capital) |
| Mode of Acquisition | Conversion of Convertible Share Warrants |
| Date of Acquisition | March 18, 2026 |
| Equity Share Capital Before Acquisition | Rs. 17,84,11,460 (1,78,41,146 Equity shares of Rs. 10/- each) |
| Equity Share Capital After Acquisition | Rs. 20,93,76,610 (2,09,37,661 Equity shares of Rs. 10/- each) |
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