Outcome of Board Meeting

Date: July 6, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G-Block Bandra Kurla Phiroze Jeejeebhoy Towers Dalal Street Mumbai – Complex, Bandra (E) Mumbai – 400 051 400001 Trading Symbol: CEINSYS Scrip Code: 538734 Sub: Outcome of the meeting of Board of Directors of the Company held on Monday, July 6, 2026. Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), read with the applicable provisions of Schedule III thereto and the SEBI Circular on disclosure of material events and information, we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. Monday, July 6, 2026, at 11:16 AM has inter alia: 1. Approved the formation of a Joint Venture Company (“JV Company”) with AI Fabrik, Inc, USA, for exploring business opportunities in relation to projects for creation of sovereign AI infrastructure and services platform in India to secure AI NEO cloud in India for Indian government, citizen services, Companies, cybersecurity and defence use cases and all other activities that may be decided to be pursued. The Board has also approved initial investment by the Company in the proposed JV Company in a phased manner, with approval presently being accorded for an amount aggregating up to Rs. 25.00 Crores. Upon receipt of the report after the exploration of above business opportunities within period of 90 days, the management will present investment proposal for further consideration. The investment is proposed to be wholly funded from the proceeds of the preferential issue of Equity Shares and Share Warrants approved by Shareholders at its Extra Ordinary General Meeting of the Company held on April 29, 2024, read with Explanatory Statement thereto and as proposed to be modified through Shareholders resolution for which Postal Ballot process is ongoing. (Please refer Annexure 1) 2. Approved appointment of CA Richa Jain as Deputy Chief Financial Officer (Dy. CFO) of the Company with effect from July 6, 2026. (Please refer Annexure 2) 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 Further, the details in respect of above-mentioned items, as required to be disclosed under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations") and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are given in Annexure 1 & 2 to this letter. The above information will also be available on the website of the Company at https://cstech.ai/. The meeting of the Board of Directors of the company commenced at 11:16 AM and concluded at 12:05 PM. This is for your information and record. Thanking You, For Ceinsys Tech Limited Pooja Karande Company Secretary & Compliance Officer M. No. A54401 Place: Nagpur 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 Annexure - 1 Sr. No. Particulars Details a. Name of the entity, date & country of The Company and AI Fabrik, USA propose to form the JV Company in incorporation, etc.; the name of “Aastra AI India Private Limited”, subject to name availability, trademark clearance or any other suitable available name, to undertake business for exploring business opportunities in relation to projects for creation of sovereign AI infrastructure and services platform in India to secure AI NEO cloud in India for Indian government, citizen services, Companies, cybersecurity and defence use cases and all other activities that may be decided to be pursued. The JV company is yet to be incorporated; once formed, it will be established in India as per the proposed JV structure. b. Whether the acquisition would fall No, the transaction does not fall within the ambit of related party within related party transaction(s) and transaction(s). Promoter / promoter group/ group companies have no whether the promoter/ promoter interest in the entity being acquired. group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arm's length" c. Name of holding company of the The Proposed shareholding of the Parties in the JV Company shall be as incorporated company and relation follows: with the listed entity; a) Ceinsys Tech Limited: 50% (b) AI Fabrik Inc, USA: 50% The Listed entity will itself hold 50% shares in the proposed incorporated Company. There will not be any holding Company of the proposed incorporated Company as both the JV parties shall subscribe to the Equity shares in the ratio of 50:50. d. Industry to which the entity being The JV Company will carry on the business of creation of sovereign AI incorporated belongs; infrastructure and services platform in India to secure AI NEO cloud in India for Indian government, citizen services, Companies, cybersecurity and defence use cases and all other activities that may be decided to be pursued. e. Brief background about the entity Please refer to background and details as set out in point (a) above. The incorporated in terms of products / line JV Company is yet to be incorporated. The JV Company is proposed to of business; have geographical presence in India. f. Brief details of any governmental or The transaction is subject to the necessary statutory, governmental, or regulatory approvals required for the regulatory approvals, if any, as may be required. incorporation; 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 g. Nature of consideration - whether cash Cash consideration. consideration or share swap and details of the same; h. Cost of subscription / price at which the The shares in the JV Company are being acquired by the Company for shares are subscribed; consideration up to Rs. 25.00 Crores (Rupees Twenty-Five Crores Only) i. Percentage of shareholding / control by The Proposed shareholding of the Parties in the JV Company shall be as the listed entity and / or number of follows: shares allotted. a) Ceinsys Tech Limited: 50% (b) AI Fabrik Inc, USA: 50% j. Objects and impact of acquisition The formation of the JV Company is aimed at leveraging the (including but not limited to, disclosure complementary strengths of both the Company and AI Fabrik to pursue of reasons for acquisition of target mutually beneficial business opportunities. The proposed JV is expected entity, if its business is outside the main to leverage the strengths, expertise, resources and market presence of line of business of the listed entity) both parties and create long-term value for the Company. k. Indicative time period for completion of The Joint Venture Company is proposed to be incorporated within 90 the acquisition days. 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 Annexure 2 Particulars Details Name of the Director/KMP/Senior Management CA Richa Jain Reason for change viz. appointment, Re- Appointment of CA Richa Jain, as Deputy Chief Financial appointment, resignation, removal, death or Officer (Dy. CFO) of the Company. otherwise Date of appointment/ cessation (as applicable) Effective from July 6, 2026. & term of appointment /re-appointment; Brief Profile CA Richa Jain is a distinguished Chartered Accountant and (in case of appointment); high-impact fin [Showing first 8,000 characters — download PDF for full document]