Rights Issue26 Jun 2026, 12:30 pm
Genesys International Approves Rights Issue Up to ₹13,930 Lakhs
AI Summary
Genesys International Corporation Ltd announced today, June 26, 2026, that its Board of Directors has approved a Rights Issue to raise funds up to ₹13,930 Lakhs. The issue will be for Equity Shares of face value Rs. 5/- each, offered to eligible shareholders as of a to-be-determined record date. This move is in accordance with SEBI (LODR) Regulations, 2015, and other applicable laws. The Board also constituted a Rights Issue Committee to manage the process, including determining the issue price, entitlement ratio, and timing. The meeting commenced at 11:35 a.m. and concluded at 11:56 a.m.
Key Highlights
- Board approved Rights Issue to raise up to ₹13,930 Lakhs.
- Issue of Equity Shares to eligible shareholders.
- Rights Issue Committee formed to manage the process.
- Specific terms like issue price and ratio to be decided.
- Move complies with SEBI LODR and ICDR Regulations.
Price Impact
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