The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 24, 2025 for Kailash Chandra ....
GENUSPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Genus Power Infrastructures has disclosed a reshuffling of encumbered shares within its promoter group under SEBI SAST Regulation 31, effective 21 November 2025. A total of about 94.33 lakh shares were released from the NDU by Kailash Chandra Agarwal (32 lakh) and Ishwar Chand Agarwal (62.33 lakh). Simultaneously, about 139.31 lakh shares were placed under NDU by Rajendra Agarwal (35.50 lakh), Jitendra Agarwal (36.34 lakh), Shanti Devi Agarwal (16.10 lakh), Monisha Agarwal (17.20 lakh), and Amit Kumar Agarwal (34.16 lakh). The total encumbered shares remain unchanged at around 7.66 crore (about 25% of share capital), as the move is linked to an inter-se transfer within the promoter group. The NDU is tied to a 2023 commitment requiring the promoter group to hold at least 25% of equity until the earlier of five years from the company's investment in Gemstar Infra Pte. Ltd. or termination of that exclusive relationship.
No real economic change for shareholders — total promoter encumbrance and ownership remain the same, only the names holding the NDU-shares have changed. This is likely a neutral event with no impact on stock price.