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.