Genesys International Board Approves Auditor, ESOP Scheme, and AGM Notice
Genesys International Corporation Limited's Board of Directors convened on September 2, 2026, approving several key decisions. The board appointed M/s. G. K. Choksi & Co. as the new Statutory Auditors for a five-year term, replacing M/s. MSKA & Associates. Additionally, the 'Genesys ESOP Scheme – 2026' was approved, proposing up to 30,00,000 stock options. Adjustments to the existing ESOP Scheme – 2022 were also approved, including the grant of 1,82,640 additional stock options due to a rights issue. The resignation of Internal Auditor M/s. H.C. Vora & Associates was noted, and M/s. XAG & Co. was appointed as the new Internal Auditor. The notice for the 44th Annual General Meeting, scheduled for September 30, 2026, was also approved.
Key Highlights
- New statutory auditors appointed for a five-year term.
- Genesys ESOP Scheme – 2026 approved with up to 30 lakh options.
- ESOP adjustments made post-rights issue, granting 1,82,640 options.
- New internal auditors appointed; resignation of previous auditors noted.
- Notice for the 44th AGM on September 30, 2026, approved.
Price Impact
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