
Rights Issue31 Jul 2026, 05:50 pm
Genesys International Approves Rights Issue Record Date Aug 6
AI Summary
Genesys International Corporation Ltd announced that its Rights Issue Committee, in a meeting held on July 31, 2026, approved the record date for the upcoming Rights Issue as August 06, 2026. The company plans to issue 2,50,74,226 fully paid-up Equity Shares of face value ₹5 each, at a price of ₹50 per share, aggregating up to ₹12,537.11 lakhs. The Rights Issue will be offered at a ratio of 3 rights Equity Shares for every 5 Equity Shares held. The issue opens on August 14, 2026, and closes on August 21, 2026. This move aims to raise capital by offering new shares to existing shareholders.
Key Highlights
- Rights Issue Committee approved record date as August 06, 2026.
- Issue size: 2,50,74,226 shares, aggregating ₹12,537.11 lakhs.
- Rights Issue Price set at ₹50 per share.
- Entitlement ratio: 3 rights shares for every 5 held.
- Issue opens August 14, 2026, and closes August 21, 2026.
Price Impact
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