Nagpur-based IT company Ceinsys Tech Limited, alongside its wholly-owned US subsidiary Technology Associates Inc., has bagged major international purchase orders from TSecond Inc, USA. The combined value of these orders stands at over 30.06 crore INR, which translates to approximately 3.16 million US dollars at an exchange rate of 95.11 INR per USD.
The order wins stem from a recently executed teaming agreement between Ceinsys Tech and TSecond India Private Limited—a subsidiary of TSecond Inc USA specializing in building hyperconverged platforms for edge environments. This collaborative framework was set up to leverage mutual technical capabilities, culminating in these newly secured projects across hardware supply, artificial intelligence, and strategic tech deployment.
Breakdown of the International Purchase Orders
The cumulative business includes three distinct contracts that must be executed swiftly within a two-week timeline, stretching up to June 30, 2026:
NVME Drives Supply: Awarded directly to Ceinsys Tech Limited, this hardware deployment contract forms the bulk of the transaction value. It is worth 27,70,50,294.06 INR (2,912,946.00 USD).
AI-Powered Monitoring Solutions: Also awarded to Ceinsys Tech Limited, this order focuses on AI-driven building and road extraction alongside encroachment and asset monitoring. The operations will be handled directly on the BRYCK AI platform, with a contract value of 1,54,93,419.00 INR (162,900.00 USD).
Geospatial Imagery and Feature Extraction: Awarded to the company's US subsidiary, Technology Associates Inc., this project centers on establishing an Enterprise Geospatial Imagery Repository paired with AI feature extraction capabilities. The order value is pegged at 80,84,350.00 INR (85,000.00 USD).
Shares of Ceinsys Tech Ltd was last trading in BSE at Rs. 921.45 as compared to the previous close of Rs. 908.40. The total number of shares traded during the day was 8501 in over 498 trades.
The stock hit an intraday high of Rs. 945.00 and intraday low of 916.00. The net turnover during the day was Rs. 7857836.00.