Genus Power Infrastructures Limited has announced key developments regarding its demerger scheme, setting February 6, 2026, as the record date for determining shareholder entitlements under the Strategic Investment Business division separation.

Demerger Scheme Details

The company has implemented a comprehensive Scheme of Arrangement under Sections 230 to 232 of the Companies Act, 2013, involving multiple entities. The demerger will transfer the Strategic Investment Business from Genus Power Infrastructures Limited to Genus Prime Infra Limited, the resulting company.

Shareholder Entitlements

Shareholders whose names appear in the Register of Members or Depository records on the record date will be entitled to specific benefits under the demerger arrangement.

Implementation Process

The resulting company will complete necessary formalities for listing its equity shares on stock exchanges where Genus Power's existing shares are traded. For shareholders holding physical shares, special arrangements have been made to ensure smooth transition.

Physical Share Arrangements

• Physical shareholders will not receive physical share certificates from the resulting company
• Shares will be issued in dematerialized form into a Suspense Escrow Account
• Shareholders can claim their shares by providing demat account details to cs.genusprime@gmail.com
• All shareholder rights including dividends and voting remain intact during the transition

Fractional Share Treatment

Any fractional entitlements arising from the share exchange will be rounded up to the next integer and issued free from all liens, charges, and encumbrances. Shares held in abeyance under Section 126 of the Companies Act, 2013, will remain in abeyance with the resulting company until disputes are resolved.

Regulatory Compliance

The demerger follows proper regulatory procedures with newspaper advertisements published in Business Standard (English and Hindi editions) to notify stakeholders. The scheme involves Genus Power Infrastructures Limited, Genus Prime Infra Limited, and associated entities including Sansar Infrastructure Private Limited, Sansar Private Viniyoga Limited, Sunima Trading Private Limited, and Yajur Commodities Private Limited.

The company has filed necessary documentation with BSE Limited and National Stock Exchange of India Limited, ensuring compliance with listing obligations and disclosure requirements under Regulation 42.

Genus Power Infrastructures Limited has announced a strategic acquisition to strengthen its position in the power infrastructure sector. The company signed a Share Purchase Agreement on January 20, 2026, to acquire an additional 86.49% equity stake in Newlectric Innovation Private Limited (NIPL) for ₹25.23 crores.

Acquisition Details

The transaction involves acquiring 34,36,717 equity shares representing 86.49% of NIPL's equity share capital. Genus Power already holds 13.51% of NIPL's equity shares, and upon completion of this cash transaction, NIPL will become a wholly-owned subsidiary.

Target Company Profile

Newlectric Innovation Private Limited, incorporated on November 29, 2021, operates in the manufacturing of smart electricity meters within the power infrastructure and distribution industry. The company has a paid-up equity share capital of ₹3.97 crores as of March 31, 2025.

Financial Performance Overview

NIPL's revenue performance over the past three years shows significant variation:

Strategic Rationale

The acquisition aligns with Genus Power's strategic objectives and is expected to deliver multiple operational benefits:

• Operational Consolidation: Integration of operations to enhance overall efficiency
• Capacity Optimization: Better utilization of production capacity across the combined entity
• Scalability: Positioning to scale up production capacity in response to current order book and future business growth
• Market Positioning: Strengthening presence in the smart electricity meter manufacturing segment

Transaction Structure

The acquisition has been structured as a related party transaction conducted on an arm's length basis. No governmental or regulatory approvals are required for completing this transaction. The deal is expected to be finalized within 30 days of the agreement signing.

This strategic move reinforces Genus Power's commitment to expanding its capabilities in the power infrastructure sector while consolidating its market position through vertical integration of smart metering solutions.