The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 06, 2025 for Kailash ....
GENUSPOWER · price
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Genus Power's promoter group filed a revised disclosure under SEBI SAST Regulation 31(3) regarding the rearrangement of 7.66 crore shares placed under a Non-Disposal Undertaking (NDU) in favor of Gemstar Infra Pte. Ltd. and Gem View Investment Pte. Ltd. On November 21, 2025, shares were released from the NDU by Kailash Chandra Agarwal (76.97 lakh shares, 2.53% of capital) and Ishwar Chand Agarwal (62.33 lakh shares, 2.05%), and an equal number were placed under NDU by Rajendra Agarwal (35.5 lakh), Jitendra Agarwal (36.34 lakh), Shanti Devi Agarwal (16.1 lakh), Monisha Agarwal (17.2 lakh), and Amit Kumar Agarwal (34.16 lakh). The net encumbrance remains unchanged at 7.66 crore shares (about 25% of equity). The revision was prompted by a BSE communication to specifically name Gemstar as the entity in whose favor the shares are encumbered.
This is a technical reshuffle of encumbered shares within the promoter group with no change in total encumbrance, promoter control, or financial risk. Retail investors should treat this as a procedural disclosure update, not a signal of pledge stress or stake change.