Rights Issue31 Jul 2026, 05:50 pm
Genesys International Sets Aug 6 Record Date for ₹1253.7 Cr Rights Issue
AI Summary
Genesys International Corporation Ltd has announced that its Rights Issue Committee has fixed Thursday, August 06, 2026, as the record date for its upcoming Rights Issue. The company plans to issue 2,50,74,226 equity shares at ₹50 each, aggregating up to ₹12,537.11 lakhs. Eligible shareholders will receive 3 rights equity shares for every 5 shares held. The issue opens on August 14, 2026, and closes on August 21, 2026. This move aims to raise capital and strengthen the company's equity base.
Key Highlights
- Record date for Rights Issue fixed as August 06, 2026.
- Issue size of ₹12,537.11 lakhs via 2,50,74,226 equity shares.
- Rights entitlement ratio is 3 shares for every 5 held.
- Issue opens August 14 and closes August 21, 2026.
- Shareholders with less than 5 shares have zero entitlement.
Price Impact
More from GENESYS