Genesys International Corporation Limited has informed the Exchange about Resignation of Director in A. N. Virtual World Tech Ltd, material subsidiary of the Company
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Genesys International has informed the exchanges that two directors have resigned from its material subsidiary, A.N. Virtual World Tech Ltd (Cyprus), effective June 11, 2025. Mr. Sajid Malik stepped down citing increased responsibilities at Genesys International, India, while Mr. Ashish Nanda resigned due to other professional commitments. Both resignations are routine, with no material reason disclosed beyond personal/professional pre-occupations. The subsidiary is based in Cyprus and is classified as a material subsidiary of the listed entity.
This is a routine governance update limited to a foreign subsidiary and is unlikely to materially affect the parent company's operations or stock price. Shareholders should note that Mr. Sajid Malik's focus shift toward the India parent may signal consolidation of management attention on domestic operations.