Genesys International Corporation Limited has informed the Exchange regarding Outcome of Board Meeting held on April 23, 2026.Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (ListingObligations and Disclosure Requirements) Regulations, 2015, we wish to inform youthat the Board of Directors of the Company at its meeting held today i.e. April 23,2026, which commenced at 04.30 p.m. and concluded at 05.15 p.m. have discussed,considered and approved the following:1. Increase of Authorized Share Capital of the Company and consequential amendmentin the share capital clause of Memorandum of Association of the Company.2. Notice of Postal Ballot
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The Board of Directors of Genesys International Corporation, held on April 23, 2026, approved an increase in the company's Authorized Share Capital from Rs. 27.25 crores to Rs. 45 crores. This means creating an additional 3.55 crore equity shares of Rs. 5 face value each, raising the total authorized equity shares from 5.45 crore to 9 crore shares. The Board also approved a Postal Ballot notice to seek shareholder approval for this change. The new shares will rank equally with existing equity shares. No specific purpose or use of the additional authorized capital has been disclosed in this filing.
An increase in authorized share capital is typically a preparatory step before a future fund-raising activity such as a QIP, rights issue, or preferential allotment, though the company has not yet announced any such move. Shareholders may see dilution in the future if new shares are issued. The Postal Ballot means shareholders will get to vote on this capital expansion soon.