Corporate News     18-Dec-06
Genesys International to restructure share capital
EGM scheduled for 15 January 2007 to seek members' approval
At the meeting held on 15 December 2006, Genesys International Corporation’s board approved reduction of 20.85 lakh equity shares and 18.45 lakh warrants of Rs 10 each, issued at Rs 19 per share / warrant, by way of preferential issue in May 2006.

The board has decided to issue 39.30 lakh warrants to promoters and others. The extraordinary general meeting (EGM) will be held on 15 January 2007 to secure the approval of shareholders.
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