BSECompany Update11 Aug 2026 · 11 Aug 2026, 04:44 pm
Disclosure under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Monitoring Agency Report for the quarter ended June 30, 2026
Ceinsys Tech Ltd · 538734
✦ AI SummaryESG
Ceinsys Tech Ltd has disclosed a monitoring agency report for the quarter ended June 30, 2026, as per SEBI regulations, regarding the utilization of funds raised through a preferential issue of equity shares and convertible warrants.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Ceinsys Tech Ltd - 538734 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Attachments (1)
📄pdf
Download →
0e6f3cc1-542c-40ad-96dd-8d2659ee52ed.pdf
View document text
Date: August 11, 2026
To, To,
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot No. C/1, G-Block Bandra Phiroze Jeejeebhoy Towers Dalal Street
Kurla Complex, Bandra (E) Mumbai – 400 051 Mumbai – 400001
Trading Symbol: CEINSYS Scrip Code: 538734
Sub: Disclosure under Regulation 32 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Monitoring Agency Report for the quarter ended June 30, 2026.
Dear Sir/Madam,
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, read with Regulation 162A of the SEBI (Issue of Capital and Disclosure Requirements)
Regulations, 2018, we are enclosing herewith the Monitoring Agency Report issued by CARE Ratings
Limited, Monitoring Agency, appointed by the Company for monitoring the utilization of funds
raised through Preferential Issue of Equity Shares and Convertible Share Warrants for the quarter
ended June 30, 2026.
You are requested to take the same on your records.
For Ceinsys Tech Limited
Pooja Karande
Company Secretary &
Compliance Officer
(M. No. A54401)
Encl.: As above
Ceinsys Tech Ltd.
Registered Office: 10/5, IT Park, Nagpur-440022.
Maharashtra, India I CIN: L72300MH1998PLC114790
info@cstech.ai I EPABX: +91 712 2249033/358/930
Fax: +91 712 2249605 www.cstech.ai
Monitoring Agency Report
No. CARE/PRO/GEN/2026-27/1057
The Board of Directors
Ceinsys Tech Limited
10/5, IT Park,
Opposite VNIT
Nagpur
Maharashtra 440022
August 11, 2026
Dear Sir/Ma’am,
Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Preferential Issue of Ceinsys Tech
Limited (“the Company”)
We write in our capacity of Monitoring Agency for the Preferential Issue of Equity Shares and Warrants for the amount
aggregating to Rs.235.06 crore of the Company and refer to our duties cast under Regulation 162A of the Securities &
Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations.
In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026 as per aforesaid
SEBI Regulations and Monitoring Agency Agreement dated May 07, 2024 and amendment letter dated November 12,
2024.
Request you to kindly take the same on records.
Thanking you,
Yours faithfully,
Ashish Kashalkar
Associate Director
Ashish.Kashalkar@careedge.in
Report of the Monitoring Agency
Name of the issuer: Ceinsys Tech Limited
For quarter ended: June 30, 2026
Name of the Monitoring Agency: CARE Ratings Limited
(a) Deviation from the objects: No deviation
(b) Range of Deviation: Not Applicable
Declaration:
We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects
of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be
accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/
certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA
which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and
opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner
whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship
between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not
act as an expert as defined under Section 2(38) of the Companies Act, 2013.
The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report
pertains and may receive separate compensation for its ratings and certain credit related analyses. We confirm that
there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue
proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity.
We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where
applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be
captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting
their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been
reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board.
Signature:
Name and designation of the Authorized Signatory: Ashish Kashalkar
Designation of Authorized person/Signing Authority: Associate Director
1) Issuer Details:
Name of the issuer : Ceinsys Tech Limited
Name of the promoter : Sagar Dattatraya Meghe, Sameer Dattatraya Meghe, M/s Raghav Infradevelopers and Builders Private Limited and
M/s SMG Hospitals Private Limited
Industry/sector to which it belongs : IT and IT enabled services
2) Issue Details
Issue Period : Not Applicable
Type of issue (public/rights) : Preferential Issue (PI)
Type of specified securities : Equity shares and convertible warrants
IPO Grading, if any : Not Applicable
Issue size (in `crore) : Rs.235.06 crore (Refer to Note below)
Note: The company initially offered a preferential issue of 12,50,658 equity shares to four proposed allotees (non-promoters) at Rs.559.90 per share and 30,96,515 share warrants to
four proposed allotees (promoters & non-promoters) at Rs.559.90 per warrant aggregating to Rs.243.40 crore. However, one of the proposed allotees of 1,48,909 equity shares did
not avail the offer of preferential issue worth Rs.8.34 crore. Accordingly, the company finally allotted 11,01,749 equity shares (88.09% subscribed) and 30,96,515 share warrants (100%
subscribed) to the applicants aggregating to Rs.235.06 crore. The issue expenses related to preferential issue were incurred from the company’s own funds.
3) Details of the arrangement made to ensure the monitoring of issue proceeds:
Source of information / certifications Comments of the
Comments of the
Particulars Reply considered by Monitoring Agency for Board of
Monitoring Agency
preparation of report Directors
EOGM Resolution, Chartered Accountant
Whether all utilization is as per the disclosures in the Offer The utilization of proceeds is as per the objects
Yes (CA) Certificate*, Board Resolution, Bank No Comments
Document? in the offer document (Refer to Note below).
statements and Management certificate
Whether shareholder approval has been obtained in case
EOGM Resolution, CA Certificate* and
of material deviations# from expenditures disclosed in the Not Applicable Nil No Comments
Management certificate
Offer Document?
The issue was undersubscribed resulting in
reduction of issue size from Rs.243.40 crore to
Rs.235.06 crore. The object-wise bifurcation of
Whether the means of finance for the disclosed objects of EOGM Resolution and Management revised proceeds was approved via board
Yes No Comments
the issue have changed? certificate resolution dated May 14, 2026. The company
has further revised the objects of the
preferential issue, which has been approved
through postal ballot dated July 17, 2026.
Is there any major deviation observed over the earlier
No Previous monitoring agency report No major deviation observed. No Comments
monitoring agency reports?
Whether all Government/statutory approvals related to EOGM Resolution and Management
Not Applicable Not Applicable No Comments
the object(s) have been obtained? certificate
Whether all arrangements pertaining to technical
Not Applicable Management certificate Not Applicable No Comments
assistance/collaboration are in operation?
Are there any favorable/unfavorable events affecting the Undersubscription in the issue may affect the
Yes Management certificate No Comments
viability of
[Showing first 8,000 characters — download PDF for full document]