Ceinsys Tech names new director, CFO, launches ESOP scheme

Ceinsys Tech Ltd. held a Board of Directors meeting on September 3, 2025, making several significant decisions regarding leadership and employee incentives. Surej Kunhithayyil Poyil was appointed whole time director and CEO designate for a three-year term, effective September 3, 2025, pending shareholder and Central Government approval.

Concurrently, Samir Sabharwal resigned as chief financial officer, effective September 15, 2025, and Amita Saxena was appointed as the new CFO, effective October 1, 2025.

The board also approved the "Ceinsys Tech Limited Employee Stock Options Scheme 2025" ("CS Tech ESOS 2025"), under which the company will grant up to 870,000 options, each converting into one equity share of INR 10/- upon exercise, subject to shareholder approval. The exercise price will not be less than the face value per share, with vested options having a three-month exercise period from the vesting date.