
Genesys Announces Rights Issue: Details and Schedule for Shareholders
Genesys International Corporation Limited has detailed the terms and schedule for its forthcoming Rights Issue, approved by the company's Board of Directors and subsequently finalized by the Rights Issue Committee. The issue pertains to fully paid-up Equity Shares and was confirmed during a meeting held on July 31, 2026.The Rights Issue offers eligible shareholders an opportunity to purchase equity shares at a fixed price. Key terms established for the issuance include:
- Instrument: Fully paid-up Rights Equity Shares of face value ₹ 5 each.
- Issue Size: The company plans to issue 2,50,74,226 fully paid-up Equity Shares.
- Issue Price: The price set for the rights shares is ₹ 50 each, which incorporates a premium of ₹ 45 per share.
The issuance has specific dates and entitlement ratios designed to define participation by existing shareholders. A summary of the critical dates and parameters is provided below:
| Parameter | Detail |
|---|---|
| Record Date | Thursday, August 06, 2026 (to determine eligible shareholders) |
| Rights Entitlement Ratio | 3 rights for every 5 fully paid-up Equity Shares held |
| Opening Date | Friday, August 14, 2026 |
| Renunciation Period Start | Friday, August 14, 2026 |
| Renunciation Period End | Tuesday, August 18, 2026 |
| Closing Date | Friday, August 21, 2026 |
Pre and Post Issue Shareholding Details
The company provided figures regarding its existing equity shares before and after the completion of the Rights Issue. Prior to the issuance, Genesys reported 4,17,90,377 fully paid-up equity shares of face value ₹ 5 each. Upon completion of the Rights Issue, the total outstanding equity shares are projected to be 6,68,64,603, all of face value ₹ 5 each.Terms and Entitlement Rules
The committee addressed several operational details regarding the distribution and entitlement process. The Rights Equity Shares are offered on a rights basis in the ratio of three (3) shares for every five (5) shares held as of the Record Date.For shareholders whose shareholding is less than five shares or is not a multiple of five, their fractional entitlement will be disregarded during calculation. However, these eligible shareholders who have zero initial entitlement are still permitted to apply for additional Equity Shares and stand entitled to preferential consideration for one additional Equity Share upon application, subject to the availability of shares after the rights entitlement is allotted.
The Rights Issue Committee meeting also covered other modalities, including provisions for equity shares whose ownership is currently disputed or held under transmission, ensuring that the company will make available the Rights Entitlement on such shares upon resolution of any dispute or completion of transmission process.
GENESYS Stock Price Movement
Shares of Genesys International Corporation Limited rallied today, closing at ₹271.60 after edging up 1.51% in post-market trading. The stock saw a total traded volume of 162,642 shares during the day's activity.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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