Genesys International Corporation Limited has announced the completion of tenure of its Independent Director Mr. Manish Patel, marking a significant change in the company's board composition. The announcement was made on December 23, 2025, in compliance with regulatory requirements under SEBI listing obligations.

Director Tenure Completion Details

Mr. Manish Patel (DIN: 03051315) completed his second term as an Independent Director on December 23, 2025. Following the completion of his tenure, he ceased to be the Independent Director of the company with effect from the close of business hours on December 23, 2025.

Committee Position Changes

Consequent to Mr. Manish Patel's completion of term as an Independent Director, he ceased to hold multiple key positions within the company's governance structure. The changes affect several critical committees responsible for various aspects of corporate governance and oversight.

Chairman Positions Vacated:

• Audit Committee
• Nomination Remuneration Committee
• Stakeholders Relationship Committee
• Risk Management Committee

Committee Memberships Concluded:

• Corporate Social Responsibility Committee
• Business Responsibility and Sustainability Committee

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both BSE Limited and National Stock Exchange of India Limited about this corporate development. The intimation was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure follows the requirements under Regulation 30 read with Para A of Part A of Schedule III of the SEBI listing regulations. Additionally, the company has provided details as mandated under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Stock Exchange Communication

Genesys International Corporation has formally communicated this change to both major stock exchanges where its shares are listed. The company trades on BSE with scrip code 506109 and on NSE with the symbol GENESYS. This ensures transparency and keeps all stakeholders informed about the board composition changes.

The completion of Mr. Patel's tenure represents a natural conclusion of his second term as an Independent Director, following standard corporate governance practices for director tenure limits.

Genesys International Corp has achieved a landmark milestone in India's automotive technology sector by launching the country's first high-definition Advanced Driver Assistance Systems (ADAS) maps for national highways. The comprehensive initiative covers over 1 lakh kilometers of national highways, expressways, and strategic corridors, utilizing the Survey of India's Continuously Operating Reference Stations (CORS) network to deliver centimeter-level precision.

Comprehensive Highway Coverage and Technical Specifications

The HD mapping project represents one of India's most ambitious road intelligence programs, establishing a new benchmark for automotive-grade precision. The maps include ADAS-critical features essential for Level 2 functionality:

Strategic Partnership with Survey of India

The project leverages the Survey of India's CORS network, which provides real-time GNSS correction signals along major corridors. This collaboration builds on the existing MoU between Genesys and Survey of India, enabling cooperation on digital twin projects and national mapping programs. Hitesh Makwana, Surveyor General of India, emphasized the transformative role of geospatial infrastructure in building a developed India, stating that high-accuracy datasets are essential for modern mobility and digital governance.

Addressing Critical Safety Challenges

India's highways account for a disproportionately high share of road fatalities, driven by fast-moving traffic and inconsistent lane discipline. The HD maps address this gap by providing centimeter-level context that traditional maps cannot offer, helping ADAS systems anticipate danger instead of merely reacting to it. This represents a significant leap forward from current sensor-based ADAS systems.

Market Impact and Commercial Applications

Sajid Malik, Chairman Managing Director of Genesys International Corporation, highlighted that India is entering an era where mobility, mapping, and digital intelligence converge. The HD mapping datasets are owned by Genesys and can be licensed across industries, creating opportunities in:

Supporting Atmanirbhar Bharat Initiative

This initiative reinforces the principles of Atmanirbhar Bharat by developing critical geospatial capabilities within the country. The project positions India to participate strongly in the global shift toward intelligent transportation systems while strengthening Genesys's role as a trusted partner for national-scale transport and digital infrastructure development.