Genus Power Infrastructures Limited has strengthened its board governance by appointing Mr. Sandeep Jain as Additional Director (Independent and Non-Executive Director), effective May 02, 2026. The appointment follows recommendations from the company's Nomination and Remuneration Committee and subsequent Board approval.

Appointment Details

The key parameters of Mr. Jain's appointment are outlined below:

The company has confirmed that Mr. Jain is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other regulatory authority, in accordance with stock exchange circulars dated June 20, 2018.

Professional Background and Experience

Mr. Sandeep Jain, aged 62, brings distinguished public service experience to the board. He joined the Indian Revenue Service (IRS) as part of the 1989 Batch and completed an illustrious career spanning approximately 35 years with the Government of India, predominantly serving in the Income Tax Department.

Key Career Highlights

Throughout his government tenure, Mr. Jain held several critical positions:

• Director General (Legal and Research) - his final role before retirement
• Principal CIT (Central)
• Commissioner (Appeals)
• Deputy Commissioner

His expertise encompasses legal adjudication, tax administration, investigation, and policy formulation. He holds a Bachelor of Arts (1984) and LL.B. (1987) from the University of Allahabad.

Diverse Leadership Experience

Textile Industry Leadership

Mr. Jain served on deputation as Executive Director of a Textile Export Promotion Council under the Ministry of Textiles, where he effectively functioned as CEO. In this capacity, he:

• Ensured compliance with applicable rules and regulations
• Promoted the Indian textile industry on international platforms
• Participated in global exhibitions and business delegations
• Conducted official tours across the Middle East, Southeast Asia, Europe, Australia, and Latin America

Competition Law Expertise

During his deputation with the Competition Commission of India under the Ministry of Corporate Affairs, he conducted in-depth investigations into unfair trade practices and handled complex matters involving builders, textile manufacturers, jewellers, and other competition law-related issues.

Professional Contributions

Mr. Jain's distinguished career includes significant contributions to:

• Policy implementation and institutional policymaking
• Industry promotion and regulatory enforcement
• Preparation of the Expenditure Budget Manual
• Adjudication of numerous appeals and post-search assessments
• Recovery proceedings in high-value cases
• Representation before the Income Tax Appellate Tribunal (ITAT) and Settlement Commission

He actively participated in examining High Court judgments to identify suitable cases for filing Special Leave Petitions before the Supreme Court and was involved in search and seizure operations, audit assessments, and various administrative functions.

Board Independence

The company has disclosed that Mr. Jain is not related to any existing Directors of the Company, ensuring his independence in board deliberations and decision-making processes. This appointment aligns with corporate governance best practices and regulatory requirements for independent director representation on company boards.

genus power infrastructures has rescheduled its virtual meeting with analysts and institutional investors to May 4, 2026. The meeting is now scheduled to commence at 2:30 PM IST and will be conducted as a group interaction in virtual mode, replacing the previously announced April 24, 2026 meeting.

The announcement was made pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to both BSE Limited and the National Stock Exchange of India Ltd. on April 28, 2026.

The company has clarified that discussions during the meeting will be based on publicly available information. No unpublished price sensitive information (UPSI) is intended to be discussed during the interactions with investors and analysts.

Genus Power Infrastructures Limited has noted that changes to the schedule may occur due to exigencies on the part of either the participants or the company. The intimation was signed by Puran Singh Rathore, Joint Company Secretary & Compliance Officer, on behalf of the company.