Genesys International : EGM 31st July 2021 Transcript

RECORDING TRANSCRIPT

EXTRA ORDINARY GENERAL MEETING

Date of Meeting

: Saturday, July 31, 2021

Time

:

2.30 P.M. (IST)

Place

:

Through Video Conferencing/ Other Audio-Visual Means

Mr. Vineet Chopra:

Good Afternoon all, and welcome to the Extra Ordinary General Meeting of

Genesys International Corporation Limited.

Requisite quorum for the meeting is present. I would like to inform the

shareholders that the Company had extended remote e-voting facility to

members to the members during 27th July 2021 to 30th July 2021.

Shareholders who could not cast their vote still have an opportunity to cast

their vote during the meeting. Mr. Sanam Umbargikar of M/s DSM &

Associates, Company Secretaries, is the Scrutinizer for today's meeting.

Mr. Sanam Umbargikar, Partner of M/s DSM & Associates, was also

present in the meeting.

Now, I would request chairman to take up further proceedings of the

meeting.

Mr. Sajid Malik, Chairman & Managing Director of the Company to Chair

the meeting. We have the requisite quorum present through video

conference to conduct the proceedings of this meeting.

Before, I handover to conduct the proceedings of this AGM to the

Chairman Sir, I would like to draw the attention of the members to a few

points.

Mr. Sajid Malik:

Welcome to Shareholders.

a. Necessary quorum for meeting is present, I declare EGM as 'open'.

b. Introduction of colleagues present:

• Mr. Ganesh Acharya: Independent Director & Chairman of the

Audit Committee

• Mr. Hemant Majethia: Independent Director

• Mr. Ganapathy Vishwanathan: Director

With the permission of shareholders, Notice & Directors Report is

considered as read. Company Secretary may please read the agenda

items.

Mr. Vineet Chopra:

Agenda Items for today's meeting are:

1. Raising of funds through issue of Compulsorily Convertible Debentures

(CCD) Convertible into Equity Shares on Preferential Allotment Basis

to the Non-Promoter.

2. Raising of funds through issue of Warrants Convertible into Equity

Shares on Preferential Allotment Basis to the Non-Promoter.

Mr. Sajid Malik:

Auditor's Report has no qualification or adverse observations, I

consider it as read.

Now I invite members to raise queries.

Mr. Vineet Chopra:

We have Mr. Yusuf Rangwala and Ms. Lekha Shah as registered speakers.

They both were invited however not present at the meeting.

Mr. Vineet Chopra:

Thankyou. With this, we can conclude the question session from

shareholders. I would like to inform all the members who could not cast

their votes through remote e-voting can cast their vote now on this portal in

next few Minutes present at the meeting.

Mr. Sajid Malik:

This concludes the business of the EGM of the Company. I thank you

all the members and the Board for the participation and smooth conduct

of the meeting.

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