Certified True Copy of the Order passed by the Hon''ble National Company Law Tribunal, Allahabad Bench ("NCLT")
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Awaiting price reaction for this filing.
Genus Prime Infra Ltd has received the certified true copy of the order from the NCLT Allahabad Bench sanctioning its Scheme of Arrangement, originally approved on May 1, 2025. The scheme involves the amalgamation of four companies — Sansar Infrastructure Pvt Ltd, Star Vanijya Pvt Ltd, Sunima Trading Pvt Ltd, and Yajur Commodities Ltd — into Genus Prime Infra Ltd, along with a demerger from Genus Power Infrastructures Ltd. Genus Prime Infra Ltd will act as both the Amalgamated and Resulting Company under the scheme. The certified order copy was received on May 16, 2025 and has been uploaded to the company's website.
Shareholders should view this as a confirmation that the corporate restructuring is now legally effective. This could change the company's asset base, shareholding pattern, and future business profile, and may have implications for share valuation going forward.