Ceinsys Tech Secures Rs. 2 Crore Work Order from MRSAC
Filing Summary
Ceinsys Tech Ltd has received a work order from the Maharashtra Remote Sensing Application Centre (MRSAC) for a Detailed Soil Survey and Mapping under the National Soil Mapping Programme in Nashik District, Maharashtra. The order is valued at approximately Rs. 2 Crore, including GST. This adds to previous orders from MRSAC, bringing the total value to Rs. 7 Crore. The project duration is four months. Ceinsys Tech is empaneled with MRSAC for this program. The company confirms no related party transactions are involved.
Ceinsys Tech Ltd has announced the receipt of a work order from the Maharashtra Remote Sensing Application Centre (MRSAC) for conducting a Detailed Soil Survey and Mapping under the National Soil Mapping Programme. The project will cover part of Nashik District in Maharashtra. The value of this order is Rs. 2,02,11,858, inclusive of GST.
This new order is in addition to previous work orders received from MRSAC, as communicated on September 29, 2025, and November 19, 2025. The cumulative value of all work orders from MRSAC now stands at Rs. 7,06,40,537, including GST. The project is scheduled to be completed within a timeframe of four months.
The work order involves a Detailed Soil Survey and Mapping, which is part of the National Soil Mapping Programme. Ceinsys Tech is empaneled with MRSAC for this program, indicating an ongoing relationship between the two entities for similar projects.
There are no related party transactions associated with this order, and the company confirms that the promoter or promoter group does not have any interest in MRSAC. Therefore, the issue of arm’s length does not apply.
Maharashtra Remote Sensing Application Centre is a state-level nodal agency that focuses on the application of remote sensing technology for various developmental activities. It collaborates with various government departments to provide geospatial solutions and services.
Ceinsys Tech Ltd specializes in providing geospatial, engineering, and IT solutions. The company focuses on leveraging technology to deliver innovative solutions across various sectors, including infrastructure, utilities, and natural resources. Ceinsys Tech aims to expand its service offerings and strengthen its position in the geospatial and engineering services market.