Genesys International Corporation Ltd approves further investment in Genesys Middle East Company Ltd

The Board of Directors of Genesys International Corporation Limited ('GICL') has approved further investments of 50,00,000 Saudi Arabian Riyal (INR approx ₹11.13 Crores) in Genesys Middle East Company Limited (GME), the wholly owned subsidiary of the Company.

Genesys Middle East Company Limited (GME) was incorporated in the Kingdom of Saudi Arabia in May, 2023 and is a wholly owned subsidiary of the Company.

GME is engaged in the business of providing geospatial solutions, advanced mapping, survey and photogrammetry solutions.

Shares of Genesys International Corporation Limited was last trading in BSE at Rs. 606.40 as compared to the previous close of Rs. 594.25. The total number of shares traded during the day was 12711 in over 1245 trades.

The stock hit an intraday high of Rs. 619.90 and intraday low of 590.10. The net turnover during the day was Rs. 7670844.00.

Source : Equity Bulls

Keywords

GenesysInternationalCorporation INE727B01026 FurtherInvestment GenesysMiddleEastCompany