The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sajid Siraj Malik & PACs
GENESYS · price
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Promoter Sajid Siraj Malik has acquired 100% stake (100 ordinary shares) in Kadam Holding Ltd from his late mother, Mrs. Saroja Malik, through transmission (inheritance). Since Kadam Holding Ltd holds 4.57% in Genesys International, this results in an indirect acquisition of equity shares in the target company. Importantly, no shares of Genesys International were directly bought or sold — the transaction was an internal restructuring within the promoter family. The combined promoter and PAC holding remains unchanged at 1,31,65,902 shares (33.14% of paid-up capital) both before and after the event. The date of acquisition was April 8, 2025, with disclosure filed on April 10, 2025.
This is a neutral, family-level transmission event with no change in effective promoter ownership of Genesys International. Shareholders should not expect any impact on shareholding pattern, voting control, or stock price from this filing.