Genesis IBRC India Limited has announced a significant promoter shareholding restructuring through an inter-se transfer transaction. The company received formal intimation on January 10, 2026, regarding the proposed acquisition of equity shares between promoter group members.

Transaction Details

The proposed transaction involves the transfer of substantial equity holdings within the promoter family. Key transaction parameters are outlined below:

Regulatory Compliance

The transaction has been structured to comply with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transfer qualifies for exemption under Regulation 10(1)(a)(i) as it involves an inter-se transfer through gift between immediate relatives. Since the transaction is structured as a gift between husband and wife, no monetary consideration is involved.

Padmanaban Krishnamoorthy has submitted the required prior intimation under Regulation 10(5) to both the Bombay Stock Exchange and the company's board of directors. The disclosure confirms compliance with all applicable requirements under Chapter V of the Takeover Regulations.

Shareholding Impact

The proposed transaction will result in a significant redistribution of shareholding within the promoter group while maintaining the overall promoter group stake:

Company Information

Genesis IBRC India Limited operates under CIN L47733AP1992PLC107068 and is listed on the Bombay Stock Exchange with scrip code 514336. The company's registered office is located at Flat No. 401, VVN Residency, 40-A, Ashok Nagar, Andhra Pradesh - 534 002.

The transaction represents a strategic restructuring within the promoter family while ensuring continued compliance with regulatory requirements. The overall promoter group shareholding remains unchanged at 74.17%, maintaining the existing control structure of the company.

V Varalakshmi has completed a significant acquisition of equity shares in Genesis IBRC India Limited, substantially increasing the promoter group's stake in the company. The transaction, executed through an off-market Share Purchase Agreement (SPA), involves the acquisition of 7,36,500 equity shares and was disclosed under SEBI's regulatory framework for substantial acquisitions.

Transaction Details

The share acquisition was completed on January 7, 2026, with both V Varalakshmi and Padmanaban Krishnamoorthy (acting as persons in concert) acquiring identical quantities of shares. The transaction details are presented below:

Shareholding Pattern Changes

The acquisition has resulted in a substantial increase in the promoter group's collective holding in Genesis IBRC India Limited. The shareholding pattern before and after the transaction shows significant changes:

Company Structure and Compliance

Genesis IBRC India Limited, incorporated with CIN L47733AP1992PLC107068, maintains its equity structure unchanged following this transaction. The company's capital structure remains:

• Paid-up Share Capital: ₹13,00,00,000.00
• Total Equity Shares: 1,30,00,000 fully paid shares
• Face Value: ₹10.00 per share
• Stock Exchange Listing: BSE Limited

The disclosure was filed on January 9, 2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2013. The transaction involved no encumbrances, voting rights other than shares, or convertible securities.

Regulatory Framework

This acquisition falls under SEBI's substantial acquisition regulations, requiring mandatory disclosure when shareholding crosses specific thresholds. The promoter group's increased stake of 74.17% represents a significant consolidation of control in Genesis IBRC India Limited. Both acquirers belong to the promoter group, and the transaction was executed through a private arrangement rather than open market purchases.

The shares were transferred on January 7 and 8, 2026, with consideration paid to the existing promoters on January 7, 2026, completing the off-market transaction as per the executed Share Purchase Agreement.