Allotment of equity and preference shares by the Company pursuant to the Scheme of Arrangement
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Genus Prime Infra Ltd (formerly Gulshan Chemfill Limited) has allotted shares as part of a complex Scheme of Arrangement. The company issued 5.08 crore equity shares to Genus Power Infrastructures Limited (GPIL) shareholders and 1.23 crore equity shares to Yajur Commodities Limited (YCL) shareholders as on the Record Date of February 6, 2026. Additionally, 4.88 lakh Zero Coupon Redeemable Preference Shares and 18 lakh 9% Cumulative Non-Convertible Redeemable Preference Shares were allotted to YCL preference shareholders. Post-allotment, the company's equity share capital stands at Rs. 15.59 crore across 7.80 crore shares of Rs. 2 each. Three wholly-owned subsidiaries (SIPL, SVPL, STPL) were amalgamated without issuing new shares as they were already 100% held. Inter-company shareholdings in YCL have been cancelled.
This is a corporate restructuring through NCLT-approved scheme, resulting in significant dilution or expansion of the shareholder base as GPIL and YCL shareholders receive shares in the resulting company. The new equity shares will be listed on the stock exchange.