Genesys board approves rights issue up to Rs 13,930 Lakhs

1 min read Updated on 27 Jun 2026, 08:00 AM

Reviewed by

Suketu GScanX News Team

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Genesys International Corporation Ltd's board approved a rights issue of equity shares to raise up to Rs 13,930 Lakhs, subject to regulatory approvals. The issue involves shares with a face value of Rs. 5/- each, with specific terms like the record date yet to be decided.

*this image is generated using AI for illustrative purposes only.

Genesys International Corporation Ltd has approved a rights issue of equity shares to raise funds up to Rs 13,930 Lakhs. The Board of Directors granted this approval at its meeting held on June 26, 2026, enabling the company to bolster its capital base through the issuance of shares to eligible shareholders. The specific terms of the issue, including the rights entitlement ratio and record date, are yet to be determined.

The equity shares will have a face value of Rs. 5/- each. The company stated that the issue is subject to regulatory and statutory approvals, including those under the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. A Rights Issue Committee has been constituted to oversee the offer, allotment, and related matters.

Key Meeting Details

Detail	Information
Meeting Date	June 26, 2026
Agenda	Rights issue approval
Total Amount	Up to Rs 13,930 Lakhs
Face Value	Rs. 5/- each

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has informed BSE Limited and National Stock Exchange of India Ltd regarding the outcome. The official notice is available on the company's website at www.igenesys.com .

Historical Stock Returns for Genesys International Corp

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.75%	-2.46%	+4.27%	-7.75%	-49.96%	+92.03%

What specific strategic initiatives or acquisitions does Genesys International plan to fund with the Rs 13,930 Lakhs raised?

How will the rights issue impact the company's earnings per share and existing shareholder equity dilution?

What is the expected timeline for receiving regulatory approvals and announcing the rights entitlement ratio?

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Genesys promoter group confirms no new encumbrances in FY26

1 min read Updated on 18 Jun 2026, 04:13 AM

Reviewed by

Anirudha BScanX News Team

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Sajid Malik, Promoter and CMD of Genesys International Corporation Limited, declared that the promoter group and PACs did not create any new share encumbrances during FY26. The filing to BSE and NSE confirmed that existing pledges, specifically 11,86,046 shares held by Sajid Siraj Malik, remain unchanged.

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Sajid Malik, on behalf of the promoter and promoter group of Genesys International Corporation Limited , confirmed that no new encumbrances were created on shares during the financial year 2025-26. The disclosure was submitted to BSE Limited and the National Stock Exchange of India Ltd under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration states that no shares were pledged or otherwise encumbered directly or indirectly, other than those already disclosed.

Encumbrance Status

The filing included a detailed list of promoters and Persons Acting in Concert (PACs), outlining the number of shares pledged or encumbered as of the financial year 2025-26. While the majority of the promoter group holds unencumbered shares, a specific portion of Sajid Siraj Malik's holding remains pledged.

Name of Promoter/PACs	Category	No. of shares pledged or otherwise encumbered
Sajid Siraj Malik	Promoter	1186046
Late Mrs. Saroja Siraj Malik	Promoter	NIL
Kilam Holdings Ltd	Promoter	NIL
Kadam Holding Ltd	Promoter	NIL
Sohel Malik	Promoter	NIL
Shazia Ilmi Malik	Promoter Group	NIL

The disclosure was signed by Sajid Malik in his capacity as Promoter, Chairman & Managing Director of Genesys International Corporation Limited. The letter was addressed to the Corporate Relationship Departments of both stock exchanges on April 02, 2026.

Historical Stock Returns for Genesys International Corp

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.75%	-2.46%	+4.27%	-7.75%	-49.96%	+92.03%

What are the potential strategic reasons for Sajid Siraj Malik maintaining the existing pledge on 1,186,046 shares while other promoters hold unencumbered shares?

Could the unencumbered status of the majority promoter shares facilitate future fundraising or acquisitions through secondary share sales?

How might the market interpret this clean disclosure regarding the company's governance standards and promoter confidence for FY26?