Description

Genus Power Infrastructures Ltd. is demerging its Strategic Investment business into Genus Prime Infra Limited effective February 06, 2026, resulting in multiple index composition changes.

Summary

BSE has announced changes to multiple indices effective February 06, 2026, following the demerger of Genus Power Infrastructures Ltd.’s Strategic Investment business into Genus Prime Infra Limited. The demerger will result in Genus Power Infrastructures Ltd. (ticker: 530343) being removed from several indices and replaced primarily by ASM Technologies Ltd. (ticker: 526433) and Prime Focus Ltd. (ticker: 532748) across different index categories.

Key Points

  • Genus Power Infrastructures Ltd. (530343) is demerging its Strategic Investment business into Genus Prime Infra Limited
  • Demerger effective date: Friday, February 06, 2026
  • Multiple BSE indices will be rebalanced as a result of this corporate action
  • ASM Technologies Ltd. (526433) will replace Genus Power in most affected indices
  • Prime Focus Ltd. (532748) will be added to BSE 250 MICROCAP and BSE Next 250 Microcap
  • Changes have been included in the end-of-day corporate action file (*.SDE)

Index Changes

Indices Dropping Genus Power and Adding ASM Technologies:

  • BSE 1000
  • BSE NEXT 500
  • BSE Next 250 Microcap (also adding Prime Focus)
  • BSE 1000 MULTICAP EQUAL SIZE WEIGHTED (25%)

Indices Dropping Genus Power and Adding Prime Focus:

  • BSE 250 MICROCAP

Indices Only Dropping Genus Power (No Addition):

  • BSE SMALLCAP
  • BSE ALLCAP
  • BSE INDUSTRIALS
  • BSE MIDSMALLCAP

Important Dates

  • Circular Date: February 02, 2026
  • Demerger Effective Date: Friday, February 06, 2026
  • Index Changes Effective Date: Friday, February 06, 2026
  • Corporate Action File Update: Included in end-of-day file for February 02, 2026

Impact Assessment

The demerger of Genus Power Infrastructures Ltd. triggers a rebalancing across 9 BSE indices. Index funds and passive investment vehicles tracking these indices will need to adjust their portfolios accordingly. The replacement securities (ASM Technologies and Prime Focus) will see potential inflows from index-tracking funds, while Genus Power will see corresponding outflows. Market participants tracking these indices should note the composition changes for portfolio rebalancing purposes. For additional queries, market participants can contact bseindex@bseindia.com.

Impact Justification

Index rebalancing due to corporate demerger affects multiple BSE indices but is a standard corporate action with limited market disruption