The board of Genesys International Corporation in its meeting on 29 April 2010 has declared interim dividend at the rate of Re. 1 per share (10%).
The board has approved the sub-division of the existing equity shares of Rs. 10 each into two equity shares of Rs. 5 each.
The board has approved raising of additional funds by way of issue of QIP / FCCB / GDR / ADR or through any other mode of securities to the extent of Rs. 150 crore.
The board has approved to increase the authorised share capital of the company from Rs. 15 crore to Rs. 25 crore.
Further, the board has approved to increase the borrowing powers of the company to the extent of Rs. 175 crore.
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