Genesis IBRC India Limited has reported a significant acquisition of equity shares by its promoter group, with the transaction disclosed under SEBI's substantial acquisition regulations. The acquisition involves 14,73,000 equity shares acquired through an off-market transaction, substantially increasing the promoter group's stake in the company.

Transaction Details

The acquisition was executed through a Share Purchase Agreement (SPA) on January 7, 2026, involving two promoter group members acting in concert. The transaction details are presented below:

Shareholding Changes

The acquisition resulted in significant changes to the promoter group's shareholding pattern. Before the transaction, the combined holding of the promoter group stood at 81,69,700 shares representing 62.84% of the total share capital.

Following the acquisition, the updated shareholding structure shows V Varalakshmi holding 80,06,000 shares (61.58%) and Padmanaban Krishnamoorthy holding 16,36,700 shares (12.59%), bringing their combined stake to 96,42,700 shares representing 74.17% of the company's total share capital.

Company Share Capital Structure

Genesis IBRC India Limited maintains a stable share capital structure throughout the transaction period. The company's paid-up share capital remains at ₹13.00 crores, comprising 1,30,00,000 fully paid equity shares with a face value of ₹10.00 each. The total diluted share capital also remains unchanged at the same level, indicating no outstanding convertible securities or warrants.

Regulatory Compliance

The disclosure was filed in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2013. The transaction was reported to the Bombay Stock Exchange, where Genesis IBRC India Limited's shares are listed. The acquirers confirmed their status as promoter group members, with no encumbrances, voting rights other than shares, or convertible instruments involved in the transaction.

The substantial acquisition strengthens the promoter group's control over Genesis IBRC India Limited, with their combined shareholding now representing nearly three-quarters of the company's total equity capital.

Genesis IBRC India Limited has disclosed a significant off-market equity transaction involving the sale of 14,73,000 shares by its promoter group. The transaction represents 11.33% of the company's total paid-up equity share capital and was executed between January 7-8, 2026.

Transaction Details

The off-market sale involved four promoters transferring their complete shareholding to two new acquirers. The transaction details are structured as follows:

Parties Involved

The transaction involved multiple parties on both selling and acquiring sides:

Sellers (Promoters):

• Mr. Mastan Rao Pesala
• Mrs. Venkata Subbamma Pesala
• Mr. Srikanth Pesala
• Mr. Arun Kumar P

Acquirers:

• Mr. Venkatraman Varalakshmi
• Mr. Padmanaban Krishnamoorthy

Shareholding Pattern Changes

The transaction resulted in a complete transfer of the promoters' stake to the new acquirers:

Company Capital Structure

Genesis IBRC India Limited maintains its equity capital structure unchanged following the transaction. The company's total equity capital remains at ₹13.00 crores, comprising 1.30 crore equity shares of ₹10 each. The off-market sale represents a change in ownership without affecting the company's overall capital structure.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company is listed on BSE Limited, and the transaction was reported to the Corporate Relationship Department as required under the regulations. The acquirers are not part of the promoter group of the target company.