Voting Process Details

  • Record Date: April 24, 2026
  • Total Shareholders on Record Date: 43,911
  • E-voting Period: May 01, 2026 (9:00 AM IST) to May 30, 2026 (5:00 PM IST)
  • Scrutinizer: Mr. Sanam Umbargikar (M. No. FCS 11777, C.P. No. 9394) of M/s DSM & Associates, Company Secretaries in Practice
  • Scrutinizer Appointment Date: April 23, 2026
  • Report Submission Date: June 01, 2026

Resolution Voting Results

All seven resolutions were passed with requisite majority through remote e-voting:

Resolution 1: Increase in Authorized Share Capital (Ordinary Resolution)

  • Description: Increase in Authorized Share Capital and consequent alteration to the Capital Clause of the Memorandum of Association
  • Total Votes Polled: 13,051,623 shares (31.2312% of outstanding shares)
  • Votes in Favor: 13,051,270 shares (99.9973%)
  • Votes Against: 353 shares (0.0027%)

Resolution 2: Appointment of Independent Director (Special Resolution)

  • Description: Appointment of Mr. Sumit Sen (DIN: 11605716) as Non-Executive Independent Director
  • Total Votes Polled: 13,051,623 shares (31.2312% of outstanding shares)
  • Votes in Favor: 13,043,331 shares (99.9365%)
  • Votes Against: 8,292 shares (0.0635%)

Resolution 3: Technical Consultancy Fees (Special Resolution)

  • Description: Approval of payment of technical consultancy charges/fees to Mr. Omprakash Hemrajani (DIN: 0797675), Non-Executive Director, as per Regulation 17(6)(a) of SEBI (LODR) Regulations, 2015
  • Total Votes Polled: 10,892,180 shares
  • Votes in Favor: 10,879,371 shares (99.8824%)
  • Votes Against: 12,809 shares (0.1176%)

Resolution 4: Related Party Transaction (Ordinary Resolution)

  • Description: Material Related Party Transaction(s) with A.N. Virtual World Tech Ltd., Cyprus (ANWTL) subsidiary
  • Promoter Interest: Yes
  • Total Votes Polled: 2,688,692 shares (6.4338% of outstanding shares)
  • Votes in Favor: 2,675,900 shares (99.5242%)
  • Votes Against: 12,792 shares (0.4758%)

Resolution 5: Related Party Transaction (Ordinary Resolution)

  • Description: Material Related Party Transaction(s) between A.N. Virtual World Tech Limited (subsidiary) and Genesys Middle East Company Limited (wholly owned subsidiary)
  • Promoter Interest: Yes
  • Total Votes Polled: 2,688,692 shares (6.4338% of outstanding shares)
  • Votes in Favor: 2,676,400 shares (99.5428%)
  • Votes Against: 12,292 shares (0.4572%)

Resolution 6: Loan Terms Approval (Special Resolution)

  • Description: Approval of terms and conditions of loans to be raised from Promoters/Directors, including repayment or conversion into fully paid-up equity shares
  • Promoter Interest: Yes
  • Total Votes Polled: 4,848,135 shares (11.6011% of outstanding shares)
  • Votes in Favor: 4,783,308 shares (98.6628%)
  • Votes Against: 64,827 shares (1.3372%)

Resolution 7: Loan Conversion (Special Resolution)

  • Description: Conversion of loan availed from Promoters/Directors into fully paid-up equity shares
  • Promoter Interest: Yes
  • Total Votes Polled: 4,848,135 shares (11.6011% of outstanding shares)
  • Votes in Favor: 4,783,304 shares (98.6628%)
  • Votes Against: 64,831 shares (1.3372%)

Shareholder Participation Breakdown

  • Total Outstanding Shares: 41,790,377
  • Promoter & Promoter Group Holdings: 13,165,902 shares (31.51%)
  • Public Institutions Holdings: 2,195,458 shares (5.25%)
  • Public Non-Institutions Holdings: 26,429,017 shares (63.24%)

Additional Information

  • The scrutinizer's report will be placed on the company's website www.igenesys.com
  • No physical copies of postal ballot forms were sent to members as per relevant MCA circulars
  • Advertisement was published in English newspaper on May 01, 2026