Genus Power Infrastructures Limited
Genus Power Infrastructures Limited, incorporated in 1992 is a part of the Kailash Group.It is engaged in manufacturing and providing Metering and Metering Solutions and undertaking 'Engineering, Construction, and Contracts' on a turnkey basis (core business division). It also undertakes strategic investment activity,
What Genus files
- Others66
- Investor Meet32
- Updates15
- Board Meeting12
- Important11
- Pledging6
Genus Power shareholders approved the appointment of an Executive Director. Crucially, they also sanctioned revised borrowing powers and the ability to create charges on assets, boosting financial flexibility for future growth initiatives.
Genus Power demerged its Strategic Investment Business into Genus Prime Infra. Shareholders receive 1 Genus Prime Infra share for every 6 Genus Power shares. For acquisition cost purposes, assign 90.05% to Genus Power and 9.95% to Genus Prime Infra.
Genus Power Infrastructures' new moulding plant in Rajasthan is now operational, following receipt of Consent to Operate. Production of moulding parts has begun, strengthening strategic backward integration for metering solutions.
Genus Power shareholders adopted FY25 audited financial results & approved a dividend of Rs. 2.45 per equity share. Directors Ishwar Chand Agarwal & Rajendra Kumar Agarwal were re-appointed. Commission for executive directors was also approved.
Genus Power has issued a notice to shareholders regarding unclaimed dividends. If dividends remain unpaid for seven consecutive years, the corresponding shares will be mandatorily transferred to the Investor Education and Protection Fund (IEPF) Authority. This impacts shareholders with individual unpaid dividends ranging from approximately Rs. 100 to Rs. 750...