Genus Power demerger: shares of Genus Prime Infra allotted to shareholders
GENUSPOWER · price
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Genus Power Infrastructures has executed the demerger of its Strategic Investment Business into Genus Prime Infra Limited. The Board of Genus Prime Infra allotted 5,07,76,631 equity shares (face value ₹2 each) to Genus Power shareholders as on the record date (Feb 6, 2026). The NCLT, Allahabad Bench had approved the scheme on April 24, 2025. Genus Prime Infra will now apply to list its shares on BSE, and the new shares will rank pari passu with existing shares.
Genus Power shareholders receive Genus Prime Infra shares, which will list separately on BSE. The demerger splits the Strategic Investment business into a new listed entity.