Shareholding7 Jul 2026, 03:34 pm
Genesys International Promoter Sajid Malik Pledges 2.84% Shares
AI Summary
Genesys International Corporation Ltd announced that promoter Sajid Malik has created a pledge on 11,86,046 equity shares, representing 2.84% of the total share capital. This pledge was created on July 1, 2026, in favor of HDFC Bank Limited as collateral to secure working capital credit facilities for the company. The disclosure was made on July 7, 2026, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Following this creation, Mr. Malik's directly encumbered shares are now 9,20,728, representing 2.20% of the total share capital.
Key Highlights
- Promoter Sajid Malik pledged 11,86,046 shares (2.84%) of Genesys International.
- Pledge created on July 1, 2026, for HDFC Bank working capital facilities.
- Disclosure filed on July 7, 2026, under SEBI Takeover Regulations.
- Post-pledge, directly encumbered shares by Mr. Malik are 9,20,728 (2.20%).
Price Impact
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