Genesys International Corporation Limited has been fined ₹96,760 by both the National Stock Exchange (NSE) and BSE Ltd. (BSE) for non-compliance with specific provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These regulations include Reg 17(1), 19(1)/19(2), 20(2)/(2A), and 21(2). The company received notices regarding these non-compliances on February 27, 2026. The company stated that the vacancy on the Board was created due to the completion of the term of an Independent Director. Genesys International emphasized that inducting a new board member is a critical process requiring specific industry skills, necessitating a reasonable timeframe for selection and appointment to ensure effectiveness and diligence. The total fine imposed by both exchanges amounts to ₹1,93,520 (inclusive of GST). The company has submitted that there is no quantifiable impact on its financial, operational, or other activities.
