Genesis Ibrc India Ltd - Updates on Open Offer

Swaraj Shares and Securities Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Recommendations of the Committee of Independent Directors ('IDC') of Genesis Ibrc India Ltd ("Target Company") under the provisions of Regulations 26(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto ("SEBI(SAST) Regulations").