Genesys International Corporation announced that the Board of Directors of the Company at its meeting held on 30 May 2017, inter alia, have recommended the final dividend of Rs 0.125 per equity Share (i.e. 2.5%) , subject to the approval of the shareholders.

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Net profit of Genesys International Corporation rose 1305.56% to Rs 5.06 crore in the quarter ended March 2017 as against Rs 0.36 crore during the previous quarter ended March 2016. Sales rose 37.11% to Rs 17.07 crore in the quarter ended March 2017 as against Rs 12.45 crore during the previous quarter ended March 2016.

For the full year,net profit rose 334.11% to Rs 18.71 crore in the year ended March 2017 as against Rs 4.31 crore during the previous year ended March 2016. Sales rose 63.29% to Rs 76.68 crore in the year ended March 2017 as against Rs 46.96 crore during the previous year ended March 2016.

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Genesys International Corporation announced that the Compensation Committee at its meeting held on 25 April 2017 has approved the allotment of 51,200 equity shares of face value of Rs. 5.00 each pursuant to the exercise of the stock options by the eligible employees of the company under the Genesys ESOP Scheme -2010.

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Genesys International Corporation announced that the Compensation Committee at its meeting held on 07 March 2017 has approved the allotment of 1,60,700 equity shares of face value of Rs. 5.00 each pursuant to the exercise of the stock options by the eligible employees of the company under the Genesys ESOP Scheme -2010. Consequently, post-allotment the paid-up capital of the company shall stand increased to Rs. 15,30,41,060 divided into 3,06,08,212 Equity Shares of face value of Rs. 5.00 each. These shares shall rank pari passu with the existing equity shares of the Company in all respects.

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