Genesys International: Promoter's shareholding changes due to transmission

Genesys International Corporation Ltd (GICL) has filed a disclosure regarding a change in promoter shareholding. Sajid Siraj Malik, a promoter, acquired 3,82,958 equity shares (0.92% of paid-up capital) from his late mother, Mrs. Saroja Malik, through transmission of shares upon her death. This transaction is exempt from open offer requirements under Regulation 10(1)(g) of SEBI SAST Regulations, 2011, as it involves transmission among promoters. The aggregate holding of the promoter and promoter group remains unchanged.