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Ceinsys Tech Loses ₹112 Crore From Maharashtra Water Order Book


22 August 2026
Ceinsys Tech Ltd.

Maharashtra SWSM cancelled 617 ZP scheme allocations after IoT funding exhaustion, reducing pending orders by ₹112.42 crore. No booked-revenue impact; remaining order book is ₹865 crore. This reinforces government-funding and cash-conversion risks.


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