Intimation about the Effective Date of the Scheme of Arrangement
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Awaiting price reaction for this filing.
Genus Prime Infra Ltd has fixed June 7, 2025 as the Effective Date for its composite Scheme of Arrangement. The scheme was approved by the NCLT Allahabad Bench via its order dated April 24, 2025. It involves six entities — Genus Prime Infra, three private firms (SIPL, SVPL, STPL), Genus Power Infrastructures Ltd (GPIL), and Yajur Commodities Ltd (YCL) — along with their shareholders and creditors. The certified copies of the NCLT order were filed with the respective jurisdictional Registrars of Companies on June 7, 2025. With this filing, the scheme has become operative from the Effective Date.
The scheme is now legally live, which means restructuring actions — including any share entitlements, cancellations, or allotments tied to the arrangement — will start taking effect. Shareholders should watch for follow-up disclosures on record dates, share ratios, and trading arrangements for resultant equity.