Genesys International Corporation Ltd has approved terms for its rights issue. The company plans to raise ₹125.37 crore by offering 3 shares for every 5 held. The issue opens on August 14, 2026.
Genesys International Corporation Ltd Approves Rights Issue Terms
2,50,74,226 shares to be issued in total. Aggregate amount to be raised is ₹125.37 crore. Reader Takeaway: Company raises capital via rights issue; shareholders need to act by record date. ## What just happened Genesys International Corporation Limited's Rights Issue Committee has finalized the terms for its upcoming rights offering. The company will offer 2,50,74,226 equity shares at ₹50 per share, aiming to raise approximately ₹125.37 crore. The face value of each share is ₹5, with a premium of ₹45 per share. ## Why this matters This capital infusion will increase the total number of outstanding shares from 4,17,90,377 to 6,68,64,603, assuming the issue is fully subscribed. It provides an opportunity for existing shareholders to increase their stake in the company at a predetermined price. ## The backstory Genesys International Corporation Limited is a company involved in providing geospatial solutions. This rights issue is a strategic move to raise funds for its business operations or expansion plans. ## What changes now Shareholders as of the record date, August 6, 2026, will be entitled to receive 3 rights equity shares for every 5 fully paid-up shares they hold. The issue opens for subscription on August 14, 2026, and closes on August 21, 2026. A renunciation period will also be available on the market from August 14 to August 18, 2026. ## Risks to watch Shareholders with holdings not in multiples of 5 will have fractional entitlements ignored and may receive preferential consideration for additional shares if they apply. The company reserves the right to extend the issue closing date by up to 30 days. ## Context metrics (time-bound) * **Rights Entitlement Ratio:** 3 shares for every 5 shares * **Record Date:** August 06, 2026 * **Issue Opening Date:** August 14, 2026 * **Issue Closing Date:** August 21, 2026 * **Total Amount to be Raised:** ₹125.37 crore * **Issue Price:** ₹50 per share * **ISIN:** INE727B20018
