Genesys International Corporation LimitedGENESYSNSEInformation Technology

Qualified Institutional Placement

14 May 2025 · 20:48 ISTCapitalWatchMajor

What happened

Fact

Qualified Institutional Placement. 5 each (the "Equity Shares") by Genesys International Corporation Limited. under Regulation 176(1) of the SEBI ICDR Regulations, as ₹ 665.60 per Equity Share.

Why it matters

CapitSignal interpretation

A qualified institutional placement issues new shares, so existing holders own a smaller share of the same company unless the proceeds earn more than the dilution costs.

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Fact

Issue price versus the current market price
Stated use of proceeds
Resulting dilution as a percentage of equity

Evidence

Genesys International Corporation Limited has informed the Exchange about Proposed qualified institutions placement of equity shares of face value of ₹ 5 each (the "Equity Shares") by Genesys International Corporation Limited (the Company ) under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the SEBI ICDR Regulations ), and Sections 42 and 62 of the Companies Act, 2013 (including the rules made thereunder), each as amended (the Issue ).(opens the original filing in a new tab)

How CapitSignal classified this

Reasoning:: QIP base 72; +5 quantified amount; matched on subject
Matched on:: the filing's own subject line
Confidence in the event type:: 75%

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