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Genesys International Corporation LimitedImportant, 27-11-2024: Updates

27-11-2024 | 05:46 pm

The Nomination and Remuneration Committee has approved the allotment of 26,550 equity shares under the Genesys ESOP Schemes from 2010, 2020, and 2022 following stock option exercises by eligible employees. Post-allotment, the paid-up capital will be increased to Rs. 19,86,02,050, equating to 3,97,20,410 equity shares of face value Rs. 5 each. This move indicates a continued commitment to incentivizing employees and may enhance workforce morale and retention. Investors should monitor future developments as the company leverages employee engagement strategies to support its growth trajectory.

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