Genesys International seeks shareholder approval via postal ballot for seven resolutions including increasing authorized share capital from ₹27.25 crore to ₹45 crore.
Resolutions include appointing Sumit Sen as independent director and approving ₹5 lakh/month consultancy fees for director Omprakash Hemrajani.
Company proposes material related party transactions with subsidiaries AN Virtual World Tech Ltd (₹120 crore) and between subsidiaries (₹100 crore).
Shareholders to approve terms for raising ₹30 crore loans from promoter and converting existing ₹22 crore promoter loan into equity shares.