StockWatch
·
IT Enabled Services
Rights Issue24 Aug 2026, 08:30 pm

Genesys International Allots 2.5 Cr Shares via Rights Issue

AI Summary

Genesys International Corporation Limited has announced the allotment of 2,50,74,226 equity shares following its rights issue. The shares were issued at ₹50 each, including a premium of ₹45, as per the terms outlined in the Letter of Offer dated July 31, 2026. This allotment increases the company's paid-up equity share capital from ₹20,89,51,885 (4,17,90,377 shares) to ₹33,34,23,015 (6,68,64,603 shares). The newly allotted shares will have the same rights as existing equity shares.

Key Highlights

  • Genesys International completed rights issue allotment.
  • 2,50,74,226 equity shares allotted at ₹50 each.
  • Paid-up capital increased to ₹33.34 Cr.
  • New shares rank pari passu with existing shares.