NSEUpdates31 Jul 2026 · 31 Jul 2026, 07:09 pm
Updates
Genesys International Corporation Limited · GENESYS
✦ AI SummaryFundraise
Genesys International Corporation Limited has informed the Exchange regarding 'Letter of Offer' for the issue of 2,50,74,226 fully paid up equity shares for cash at a price of ₹50 per equity share, aggregating ₹ 12,537.11 lakhs# on a rights basis to the eligible equity shareholders of the Company in the ratio of 3 (three) rights equity shares for every 5 (five) fully paid up equity shares held by the eligible equity shareholders on the record date, that is August 06, 2026 (the 'Issue').
Analysis Scores
Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Genesys International Corporation Limited has informed the Exchange regarding 'Letter of Offer'.
Attachments (1)
📄pdf
Download →
GENESYS_31072026190944_Genesys_Rights_LOF_final.pdf
View document text
Letter of Offer
July 31, 2026
For Eligible Equity Shareholders only
GENESYS INTERNATIONAL CORPORATION LIMITED
Our Company was initially incorporated as “Aeke Trading & Investments Limited”, under the Companies Act, 1956 pursuant to a certificate of incorporation issued by the Registrar of Companies,
Maharashtra at Mumbai (“RoC”) on January 28, 1983. Subsequently, the Hon’ble Bombay High Court vide its order dated December 6, 1999, approved a scheme of amalgamation pursuant to which
Genesys International Corporation Limited (the then unlisted company) was merged with Aeke Trading and Investments Limited (a listed company). The name of our Company was changed to “Aeke
Corporation Limited” and a fresh certificate of incorporation consequent on change of name was issued by the RoC on October 12, 1999. As per the said scheme of amalgamation, the name of the
Company, post amalgamation was changed to “Genesys International Corporation Limited” and a fresh certificate of incorporation consequent on change of name was issued by the RoC on January 13,
2000. For further details, please see “General Information” on page 58.
Registered Office: 73-A, SDF-III, SEEPZ, Andheri (East), Mumbai 400 096, India
Contact person: Kushal Jain, Company Secretary and Compliance Officer
Registered Office Telephone: +91 22 4488 4488 | E-mail id: investors@igenesys.com | Website: www.igenesys.com
Corporate Identity Number: L65990MH1983PLC029197
PROMOTERS OF OUR COMPANY: SAJID SIRAJ MALIK, SOHEL MALIK, KILAM HOLDINGS LIMITED AND KADAM HOLDING LIMITED
FOR PRIVATE CIRCULATION TO THE ELIGIBLE EQUITY SHAREHOLDERS OF GENESYS INTERNATIONAL CORPORATION LIMITED (OUR "COMPANY" OR THE
"ISSUER" ONLY)
ISSUE OF 2,50,74,226 FULLY PAID UP EQUITY SHARES OF FACE VALUE OF ₹5 EACH OF OUR COMPANY (THE "RIGHTS EQUITY SHARES") FOR CASH AT A PRICE OF
₹50 PER EQUITY SHARE (INCLUDING A PREMIUM OF ₹45 PER EQUITY SHARE) AGGREGATING ₹ 12,537.11 LAKHS# ON A RIGHTS BASIS TO THE ELIGIBLE EQUITY
SHAREHOLDERS OF OUR COMPANY IN THE RATIO OF 3 (THREE) RIGHTS EQUITY SHARES FOR EVERY 5 (FIVE) FULLY PAID UP EQUITY SHARES HELD BY THE
ELIGIBLE EQUITY SHAREHOLDERS ON THE RECORD DATE, THAT IS AUGUST 06, 2026 (THE "ISSUE"). FOR FURTHER DETAILS, PLEASE REFER TO "TERMS OF THE
ISSUE" BEGINNING ON PAGE 89 OF THIS LETTER OF OFFER.
#Assuming full subscription in the Issue, subject to the finalization of the Basis of Allotment and to be adjusted per the Rights Entitlement Ratio.
PAYMENT SCHEDULE FOR RIGHTS EQUITY SHARES
AMOUNT PAYABLE PER RIGHTS EQUITY SHARE^ FACE VALUE (₹) PREMIUM (₹) TOTAL(₹)
On Application 5 45 50
^For further details on Payment Schedule, see “Terms of the Issue” on page 89.
WILFUL DEFAULTER(S) OR FRAUDLENT BORROWER(S)
Neither our Company, its Promoters nor any of our Directors has been identified as Wilful Defaulter or Fraudulent Borrower by the Reserve Bank of India ("RBI") or any other government authority.
GENERAL RISKS
Investments in equity and equity related securities involve a degree of risk and investors should not invest any funds in the Issue unless they can afford to take the risk of losing their entire investment.
Investors are advised to read the risk factors carefully before making an investment decision in the Issue. For the purpose of making an investment decision, investors shall rely on their own examination
of our Company and the Issue including the risks involved. The securities being offered in the Issue have not been recommended or approved by the Securities and Exchange Board of India ("SEBI")
nor does SEBI guarantee the accuracy or adequacy of this Letter of Offer. Specific attention of the investors is invited to "Risk Factors", beginning on page 20 of this Letter of Offer before making
an investment in this Issue.
ISSUER'S ABSOLUTE RESPONSIBILITY
Our Company, having made all reasonable inquiries, accepts responsibility for and confirms that this Letter of Offer contains all information with regard to our Company and the Issue, which is material
in the context of the Issue, and that the information contained in this Letter of Offer is true and correct in all material aspects and is not misleading in any material respect, that the opinions and intentions
expressed herein are honestly held and that there are no other facts, the omission of which would make this Letter of Offer as a whole or any such information or the expression of any such opinions
or intentions misleading in any material respect.
LISTING
The existing Equity Shares are listed on BSE and NSE (together, the "Stock Exchanges"). Our Company has received ‘in-principle’ approvals from the BSE and NSE for listing the Rights Equity
Shares to be allotted pursuant to this Issue vide letters each dated July 27, 2026. Our Company will also make applications to Stock Exchanges to obtain their trading approvals for the Rights
Entitlements as required under the SEBI ICDR Master Circular. For the purpose of this Issue, the Designated Stock Exchange is BSE.
REGISTRAR TO THE ISSUE
Bigshare Services Private Limited
Office No S6-2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road,
Andheri (East) Mumbai 400 093
CIN: U99999MH1994PTC076534
Telephone: +91 22 6263 8200
Email: rightsissue@bigshareonline.com
Investor grievance e-mail: investor@bigshareonline.com
Contact Person: Suraj Gupta
Website: www.bigshareonline.com
SEBI registration No.: INR000001385
ISSUE PROGRAMME
LAST DATE FOR ON-MARKET
ISSUE OPENS ON RENUNCIATIONS* ISSUE CLOSES ON#
Friday, August 14, 2026 Tuesday, August 18, 2026 Friday, August 21, 2026
*Eligible Equity Shareholders are requested to ensure that renunciation through off-market transfer is completed in such a manner that the Rights Entitlements are credited to the demat account of the Renouncee(s) on
or prior to the Issue Closing Date.
#Our Board or Rights Issue Committee will have the right to extend the Issue Period as it may determine from time to time but not exceeding 30 (thirty) days from the Issue Opening Date (inclusive of the Issue Opening
Date). Further, no withdrawal of Application shall be permitted by any Applicant after the Issue Closing Date.
TABLE OF CONTENTS
SECTION I – GENERAL .................................................................................................................................... 1
DEFINITIONS AND ABBREVIATIONS ............................................................................................................. 1
NOTICE TO INVESTORS ................................................................................................................................... 10
PRESENTATION OF FINANCIAL AND OTHER INFORMATION ................................................................ 13
FORWARD LOOKING STATEMENTS ............................................................................................................. 15
SECTION II – SUMMARY OF DRAFT LETTER OF OFFER .................................................................... 17
SECTION III - RISK FACTORS ...................................................................................................................... 20
SECTION IV – INTRODUCTION ................................................................................................................... 57
THE ISSUE........................................................................................................................................................... 57
GENERAL INFORMATION ............................................................................................................................... 58
CAPITAL STRUCTURE ..................................................................................................................................... 61
OBJECTS OF THE ISSUE ................................................................................................................................... 64
STATEMENT OF TAX BENEFITS ............................................................................
[Showing first 8,000 characters — download PDF for full document]