Rights Issue Committee of the Board of Directors of the Company at its meeting held on July 31, 2026, has…
As filed · Genesys International Corporation Limited has informed the Exchange that Rights Issue Committee of the Board of Directors of the Company at its meeting held on July 31, 2026, has decided to issue equi
What happened
FactGenesys International Corporation Limited has informed the Exchange that Rights Issue Committee of the Board of Directors of the Company at its meeting held on July 31, 2026, has decided to issue equity shares on rights basis in the ratio of 3 : 5, i.e 3 Equity Shares for every 5 Equity Shares held. Stock Exchange of India Limited vide their letters each dated July 27, 2026, for the Rights Issue,. Rights Issue Price: ₹ 50 each per Rights Equity Share [including, a premium…
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
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Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
Evidence
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%