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Rights Issue31 Jul 2026, 07:20 pm

Genesys International Announces Rights Issue of ₹1253.7 Cr

AI Summary

Genesys International Corporation Ltd has announced a Rights Issue to raise ₹1253.71 lakhs by issuing 2,50,74,226 fully paid-up equity shares of face value ₹5 each at a price of ₹50 per share. The issue is on a rights basis to eligible equity shareholders in the ratio of 3 rights equity shares for every 5 fully paid-up equity shares held as of the record date, August 06, 2026. The payment schedule requires ₹5 per share on application and the remaining ₹45 per share as premium. The company confirms it has not been identified as a wilful defaulter or fraudulent borrower. Existing shares are listed on BSE and NSE, and in-principle approvals for listing the rights shares have been received.

Key Highlights

  • Genesys International launches Rights Issue to raise ₹1253.71 lakhs.
  • Issue price set at ₹50 per share, including a ₹45 premium.
  • Offered in a ratio of 3 rights shares for every 5 held.
  • Record date for eligibility is August 06, 2026.
  • Company confirms no wilful defaulter or fraudulent borrower status.