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Genesys International Corporation Limited · GENESYS
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Genesys International Corporation Limited has submitted a clarification to the stock exchanges regarding significant price movement in its shares. The company has stated that it has been in compliance with disclosure requirements and has not received a formal communication from Ahmedabad Municipal Corporation confirming the award of a ₹240 crore contract for a 3D GIS survey/mapping project.
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Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Significant movement in price has been observed in Genesys International Corporation Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Genesys International Corporation Limited has submitted their response.
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GENESYS_28082026112453_Voiume_spurt_clarification.pdf
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August 28, 2026
BSE Limited National Stock Exchange of India Ltd.
Corporate Relationship Department Exchange Plaza,
P.J. Towers, Bandra-Kurla Complex,
Dalal Street, Fort, Bandra (East)
Mumbai - 400 001 Mumbai - 400 051
Scrip Code: 506109 Symbol: GENESYS
Dear Sirs,
Subject: Clarification in respect of significant movement in the price of security of
Genesys International Corporation Limited (“Company”)
Reference:
BSE: Ref no. L/SURV/ONL/PV/SJ/ 2026-2027 / 4182 email dated 27th August 2026
NSE: Ref. No.: NSE/CM/Surveillance/17421 letter dated 27th August 2026
This is with reference to the communication received from the Stock Exchange(s) seeking
clarification from Genesys International Corporation Limited ("Company") regarding the
significant movement observed in the price of security across Exchanges, in the recent past.
In this regard, we wish to submit and clarify as under:
The Company has been and continues to be in compliance with the disclosure requirements
prescribed under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), and
has been making timely disclosures to the Stock Exchanges of all events and information which
are required to be disclosed thereunder.
As on the date of this clarification, there is no undisclosed material event, information or
impending announcement in the knowledge of the Company which is required to be disclosed
under Regulation 30 of the SEBI Listing Regulations and which, in the opinion of the Company,
may have a bearing on the price/volume behaviour of the Company’s securities.
The Company has taken note of a news article published in the online edition of Gujarat
Samachar on August 24, 2026, inter alia, reporting that Ahmedabad Municipal Corporation
(“AMC”) has awarded a contract to the company stated to be valued at approximately ₹240
crore for undertaking a comprehensive 3D GIS survey/mapping project for the city of
Ahmedabad.
In this connection, the Company wishes to clarify that as on the date and time of this
clarification, the Company is yet to receive a formal communication from Ahmedabad
Municipal Corporation confirming the award of the aforesaid contract to the Company.
Accordingly, no disclosure regarding award/receipt of the aforesaid contract has been made by
the Company under Regulation 30 of the SEBI Listing Regulations, since no formal award/order
or other definitive communication confirming such award has been received by the Company
as on date.
Regd. Office: 73-A, SDF-III, SEEPZ, Andheri (E), Mumbai-400 096, India
Tel.: +91-22-2829 0303; +91-22-4488 4488; Fax: +91-22-2829 0603
Website: www.igenesys.com; E-mail:investors@igenesys.com
CIN: L65990MH1983PLC029197
The aforesaid news article was not issued, published, authorized or caused to be published by
the Company, and the Company has not made any announcement to the media or to the public
representing that the aforesaid contract has been awarded to it.
The Company shall continue to monitor developments in this regard and, if and when any
formal award/order or definitive communication is received which triggers a disclosure
obligation under the SEBI Listing Regulations, the Company shall promptly make the requisite
disclosure to the Stock Exchanges in accordance with applicable law.
This clarification is being submitted in response to the communication received from the Stock
Exchange(s) and in the interest of investors and other stakeholders, with a view to place the
correct factual position on record and avoid any unwarranted speculation arising from the
aforesaid media report.
You are requested to kindly take the above clarification on record and disseminate the same.
Thanking you,
For Genesys International Corporation Limited
Kushal Jain
Company Secretary & Compliance Officer
Regd. Office: 73-A, SDF-III, SEEPZ, Andheri (E), Mumbai-400 096, India
Tel.: +91-22-2829 0303; +91-22-4488 4488; Fax: +91-22-2829 0603
Website: www.igenesys.com; E-mail:investors@igenesys.com
CIN: L65990MH1983PLC029197