Announced Fri, 26 Jun · 12:27 IST
Genesys International board approves Rights Issue worth up to Rs. 13,930 Lakhs
Corporate Actions View source PDF
GENESYS · price
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Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹325.85
prior close
₹326.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+1.4+1.8+5.2-2.4-1.1+2.8+3.6+1.2-1.7-1.3———
Up moveDown movePending
AI summary
The board of Genesys International Corporation approved a Rights Issue of equity shares with face value of Rs. 5 each, for an amount up to and not exceeding Rs. 13,930 Lakhs. The issue will be offered to eligible shareholders as on a record date to be notified later. A Rights Issue Committee was also set up to decide on the issue price, entitlement ratio, and other terms.
Likely market impact
Shareholders may need to invest additional capital to maintain their stake. Issue price and ratio are yet to be decided.