Genesys International launches Rights Issue of ₹139.30 cr

IPO / ECM 26 Jun 2026· ₹139.30 cr · Announced· ✓ Verified

The Board of Directors met on 26 June 2026 to approve the issuance of equity shares of face value ₹5 each for an aggregate amount not exceeding ₹13,930 Lakhs. The announcement was made pursuant to SEBI LODR Regulation 30, which mandates material event disclosure within 30 minutes of board decision. The company had prior intimated the market on 23 June 2026 of the intended board meeting.

Why it mattersRights offerings by listed Indian technology companies typically require shareholder approval (via postal ballot or general meeting) following board approval; the key structuring point is determining the record date and subscription ratio, which triggers precise disclosure timelines under SEBI Listing Regulations.
CounselNot disclosed in source
SectorTechnology
Value₹139.30 cr
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