StockWatch
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IT Enabled Services
Auditor2 Sept 2026, 07:30 pm

Genesys International Appoints G. K. Choksi & Co. as Statutory Auditors

AI Summary

Genesys International Corporation Ltd announced board approvals on September 2, 2026, including the appointment of M/s. G. K. Choksi & Co. as Statutory Auditors for a five-year term, replacing M/s. MSKA & Associates. The company also approved the "Genesys ESOP Scheme – 2026" with a proposed grant of up to 30,00,000 stock options. Additionally, adjustments were made to the existing ESOP Scheme – 2022 due to a rights issue, granting 1,82,640 additional options. The board noted the resignation of M/s. H.C. Vora & Associates as Internal Auditor and approved the appointment of M/s. XAG & Co. as the new Internal Auditor. The 44th Annual General Meeting is scheduled for September 30, 2026.

Key Highlights

  • G. K. Choksi & Co. appointed as new Statutory Auditors for five years.
  • Genesys ESOP Scheme – 2026 approved, allowing up to 30 Lakh stock options.
  • 1,82,640 additional ESOPs granted due to rights issue adjustments.
  • XAG & Co. appointed as new Internal Auditors.
  • 44th AGM to be held on September 30, 2026, via VC/OAVM.