Genus Power Infrastructures Limited has informed the Exchange regarding Allotment of 24880 Shares.
GENUSPOWER · price
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Genus Power Infrastructures Limited has allotted 24,880 equity shares of Re. 1/- each on May 15, 2026, pursuant to the exercise of Stock Options under ESOS-2012 and Stock Appreciation Rights under ESARP-2019. The paid-up equity share capital has increased from the allotment to Rs. 30,42,42,615 comprising 30,42,42,615 shares. This is a routine ESOP/SAR exercise for employees, representing a minimal dilution of approximately 0.08% of total shares. The company is part of the Kailash Group and operates in the power infrastructure sector.
The allotment is a small, routine equity issuance under employee compensation schemes and is unlikely to have any material impact on the stock price or shareholder value. The dilution is negligible.