StockWatch
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IT Enabled Services
Corporate Action1 Jun 2026, 07:12 pm

Genesys Int'l Increases Authorized Share Capital to ₹45 Cr

AI Summary

Genesys International Corporation Ltd. has received approval from its members to increase the Authorised Share Capital and consequently alter the Capital Clause of the Memorandum of Association. The resolution was passed on May 30, 2026, following a postal ballot notice dated April 23, 2026. The altered Clause V of the Memorandum of Association now states the Authorised Share Capital is ₹45,00,00,000 (Rupees forty five crores only) divided into 9,00,00,000 Equity Shares of face value of ₹5 each.

Key Highlights

  • Genesys International increases authorized share capital to ₹45 crore.
  • The decision was approved by members via postal ballot on May 30, 2026.
  • The share capital is divided into 9 crore equity shares of ₹5 each.
  • Amendment made to Clause V of the Memorandum of Association.