Genesys International Corporation has officially announced the launch of India's first advanced Ground Penetrating Radar (GPR) solution from IDS GeoRadar, featuring patented Equalised Scrambling Technology (EST) and Wide/Multi Array Antenna Technology. The announcement was made through a press release on March 6, 2026, marking a significant advancement in 3D underground utility mapping capabilities across India.

Advanced GPR Technology Features

The IDS GeoRadar GPR system represents a sophisticated technological solution powered by cutting-edge innovations. The system incorporates patented Equalised Scrambling Technology (EST) and Wide/Multi Array Antenna Technology, enabling high-resolution 3D subsurface imaging for comprehensive utility detection and mapping.

Comprehensive Utility Mapping Capabilities

The advanced GPR system enables precise identification and mapping of critical buried infrastructure including water pipelines, sewer networks, telecom cables, power lines, and other essential utilities. The technology delivers detailed 3D insights into subsurface assets, helping urban authorities, infrastructure developers, and engineering agencies improve planning accuracy while reducing excavation and construction risks.

Digital Integration and Smart City Applications

Genesys International will integrate the IDS GeoRadar technology with its digital mapping and 3D geospatial platforms, enabling creation of accurate subsurface digital twins for urban environments. This integration allows cities to visualise, manage, and monitor underground assets with enhanced clarity, supporting safer construction practices and improved infrastructure planning.

Leadership Commentary and Market Impact

Commenting on the launch, Sajid Malik, Chairman and Managing Director of Genesys International Corporation Ltd, emphasised the technology's significance for India's infrastructure development agenda. He highlighted the critical importance of understanding subsurface infrastructure for safe project execution, particularly for safeguarding crucial water infrastructure networks that are often poorly mapped. Malik noted that the advanced IDS GeoRadar solution enables high-precision mapping while significantly reducing excavation risks and improving infrastructure planning through integration with 3D geospatial platforms.

The technology launch positions Genesys International to support India's accelerating urban development initiatives by providing reliable subsurface intelligence, preventing damage to existing infrastructure, minimising project delays, and improving coordination among multiple utility stakeholders across various infrastructure modernisation programmes.

Genesys International Corporation Limited has disclosed receiving regulatory fines from both major Indian stock exchanges for non-compliance with SEBI listing regulations. The company received notices from NSE and BSE on February 27, 2026, regarding violations of board composition requirements under SEBI LODR regulations.

Regulatory Action Details

Both stock exchanges imposed identical penalties on the company for regulatory non-compliance. The fines were levied following formal notices citing specific violations of SEBI listing obligations.

Violation Specifics

The regulatory action stems from non-compliance with multiple provisions of SEBI LODR regulations. The violations specifically relate to board composition and governance requirements that listed companies must maintain.

Regulations Violated:

• Regulation 17(1) - Board composition requirements
• Regulation 19(1)/19(2) - Audit committee provisions
• Regulation 20(2)/(2A) - Nomination and remuneration committee requirements
• Regulation 21(2) - Stakeholders relationship committee provisions

The non-compliance situation arose due to a vacancy created by the completion of an independent director's term, affecting the company's ability to meet prescribed board composition norms.

Company's Response

Genesys International emphasized the critical nature of board appointments in its response to the regulatory action. The company highlighted that selecting appropriate board members requires careful evaluation to ensure candidates possess the necessary skills relevant to the industry in which the company operates.

The management stated that a reasonable timeframe is essential to conduct the selection and appointment process effectively and diligently. This approach ensures that new board members can contribute meaningfully to the company's governance and strategic direction.

Financial Impact Assessment

The company has assessed that the regulatory fines will have no material impact on its financial, operational, or other business activities. The penalty amount, while significant from a compliance perspective, is not expected to affect the company's ongoing operations or financial performance in any quantifiable monetary terms.

The disclosure was made pursuant to Regulation 30 of SEBI LODR Regulations, 2015, which mandates listed companies to inform stock exchanges about material events and regulatory actions that could impact investor interests.