Genesys International Corporation to Increase Authorized Share Capital to Rs. 45 Crore
Genesys International Corporation Ltd has announced a significant corporate action, detailing the increase of its authorized share capital and the approval of a notice for a postal ballot, following the outcome of its Board of Directors meeting.At the Board meeting held on April 23, 2026, the company approved the increase of its authorized share capital. This move facilitates the issuance of additional equity shares.
The approved increase expands the company's authorized capital from Rs. 27,25,00,000 (Rupees Twenty Seven Crores Twenty Five lakhs only) to Rs. 45,00,00,000 (Rupees Forty Five Crores only).
The transaction involves creating an additional 3,55,00,000 Equity Shares, each having a face value of Rs. 5. These new shares will rank pari-passu with the company’s existing Equity Shares.
The changes in the company’s share structure are detailed below:
| Particulars | Previous Details | Updated Details |
|---|---|---|
| Authorized Share Capital | Rs. 27,25,00,000 | Rs. 45,00,00,000 |
| Total Equity Shares | 5,45,00,000 | 9,00,00,000 |
| New Shares Created | N/A | 3,55,00,000 |
| Face Value Per Share | Rs. 5 | Rs. 5 |
In addition to the capital restructuring, the Board of Directors also approved the issuance of a notice regarding a Postal Ballot.
GENESYS Stock Price Movement
Today, Genesys International Corporation Limited shares rallied, closing at ₹280.6 after gaining 4.25% in post-market trading. The stock saw significant activity, recording a total traded volume of 1.29 million shares.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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