Ceinsys Tech Secures Rs. 1.86 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. The order is valued at Rs. 1.86 Crore including GST and covers Gondia and part of Nashik District in Maharashtra. This order adds to a previous order from MRSAC, bringing the total value to Rs. 5.04 Crore. The project is scheduled for completion within four months. Ceinsys Tech is empaneled with MRSAC for this program.
Ceinsys Tech Ltd has announced the receipt of a work order from the Maharashtra Remote Sensing Application Centre (MRSAC). The order pertains to a Detailed Soil Survey and Mapping under the National Soil Mapping Programme (NSMP) for Gondia and part of Nashik District in Maharashtra. The value of this work order is Rs. 1,86,51,328 including GST.
This new order follows a previous work order from MRSAC dated September 29, 2025. The combined value of both orders now totals Rs. 5,04,28,679 including GST. The project is expected to be completed within a four-month timeframe.
The work order involves conducting a detailed soil survey and mapping, which is part of the broader NSMP initiative. Ceinsys Tech is currently empaneled with MRSAC for this program, indicating an ongoing relationship in executing such projects.
There is no involvement of the promoter or promoter group in this transaction, and it does not constitute a related party transaction. Therefore, the issue of arm’s length does not apply.
Maharashtra Remote Sensing Application Centre is a government entity focused on utilizing remote sensing technology for various applications, including environmental monitoring and resource management. The center collaborates with various organizations to implement projects that require advanced geospatial analysis.
Ceinsys Tech Ltd is a technology company specializing in geospatial, engineering, and IT solutions. The company focuses on providing innovative solutions in the fields of infrastructure, urban planning, and environmental management. Ceinsys Tech aims to leverage its expertise in geospatial technology to support government and private sector projects.