Genesys International Corporation Ltd has informed that the Board of Directors of the Company at its meeting held on July 25, 2008, inter alia, has approved the allotment of 4,00,000 Equity Shares of Rs 10/- each at a premium of Rs 9/- per Equity Share to Mr. Ravi Kothari, an Individual Investor on exercise of his option of conversion of 4,00,000 Warrants allotted to him on preferential basis in the month of January 2007.
Post allotment, the Paid up Equity Share Capital of the Company comprises of 1,49,23,756 Equity Shares of Rs 10/- each aggregating to Rs 14.92 crore.
Post allotment, the Paid up Equity Share Capital of the Company comprises of 1,49,23,756 Equity Shares of Rs 10/- each aggregating to Rs 14.92 crore.
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