GENESYSNSEGenesys International Corporation Limited· Computers - SoftwareLowNeutral
Announced Fri, 16 Jan · 17:10 IST

Genesys International Corporation Limited has informed the Exchange regarding 'Intimation on conversion of Statutory Auditor s Firm into an LLP'.We would like to inform that the Statutory Auditors of the Company, M S K A &Associates, Chartered Accountants have informed the Company that the Firm hasconverted itself into a Limited Liability Partnership (LLP) under the provisions ofthe Limited Liability Partnership Act, 2008 and is now known as M S K A &Associates LLP, Chartered Accountants.We further confirm that this conversion does not result in any change to the existingaudit engagement. M S K A & Associates LLP will continue to function and dischargetheir obligations as Statutory Auditors for the remaining period of the tenure ofappointment as Statutory Auditors.

Management Changes View source PDF

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AI summary

Genesys International's Statutory Auditor, M S K A & Associates (Chartered Accountants), has converted from a partnership firm into a Limited Liability Partnership under the LLP Act, 2008. The auditor will now be known as M S K A & Associates LLP, Chartered Accountants. The company has confirmed that this conversion does not change the existing audit engagement. M S K A & Associates LLP will continue to serve as Statutory Auditor for the remaining period of their appointed tenure.

Likely market impact

This is a routine structural change for the audit firm with no impact on the audit relationship or shareholders. No governance concerns or auditor changes are triggered.