ALFA Filings
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Announcement type
Time
34 announcements
Genus Prime Infra Limited allotted 5,07,76,631 equity shares to shareholders of Genus Power Infrastructures Ltd following a demerger of the Strategic Investment Business. The allotment, based on a February 2026 record date, follows NCLT approval. The resulting company will now apply for listing on the BSE.
Genus Power Infrastructures Limited announced the apportionment of acquisition costs following the demerger of its Strategic Investment Business into Genus Prime Infra Limited. Shareholders will receive 1 share of Genus Prime Infra (FV ₹2) for every 6 shares held in the Company (FV ₹1). The cost of acquisition is apportioned at 90.05% for the parent and 9.95% for the resulting company.
Genus Power Infrastructures Limited has initiated a Postal Ballot to obtain shareholder approval for three resolutions. These include the appointment of Mr. Nathu Lal Nama as Executive Director and revisions to the company's borrowing and asset-charging limits under Section 180 of the Companies Act. Voting concludes on May 7, 2026.
Genus Power Infrastructures Limited has issued a Postal Ballot Notice to seek shareholder approval for increasing its borrowing limits to ₹6,000 Crore. The notice also includes the appointment of Mr. Nathu Lal Nama as a Whole-time Director. E-voting for these resolutions will take place between April 08 and May 07, 2026.