Description

NCLT approved demerger of Investment Business Division from Genus Power Infrastructures Ltd to Genus Prime Infra Limited. Record date set for February 6, 2026 with share entitlement ratio of 1:6.

Summary

The Hon’ble National Company Law Tribunal, Allahabad Bench has approved a Scheme of Arrangement for the demerger of Genus Power Infrastructures Ltd (Scrip Code: 530343). The Investment Business Division will be demerged into Genus Prime Infra Limited. Shareholders will receive 1 equity share of Rs. 2/- face value in Genus Prime Infra Limited for every 6 equity shares of Re. 1/- face value held in Genus Power Infrastructures Limited. The record date is February 6, 2026, and the stock will be transferred from ‘A’ group to ‘T’ group on the same date.

Key Points

  • NCLT Allahabad Bench has approved the Scheme of Arrangement (Demerger)
  • Demerged Company: Genus Power Infrastructures Ltd (Scrip Code: 530343/130343)
  • Resulting Company: Genus Prime Infra Limited
  • Business being demerged: Investment Business Division
  • Share entitlement ratio: 1 equity share (Rs. 2/- FV) of Genus Prime Infra for every 6 equity shares (Re. 1/- FV) of Genus Power Infrastructures
  • Record Date: February 6, 2026
  • Ex-entitlement date: February 6, 2026 (Settlement No. DR-815/2025-2026)
  • Trading group change: From ‘A’ group to ‘T’ group effective February 6, 2026
  • Special Pre-open Session (SPOS) call auction applicable on February 6, 2026

Regulatory Changes

Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated November 2, 2010, the equity shares of Genus Power Infrastructures Limited will be transferred from ‘A’ group to ‘T’ group (Trade-to-Trade segment) with effect from February 6, 2026. This typically happens during corporate actions to ensure price discovery and prevent excessive speculation.

Pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012, Genus Power Infrastructures Limited will be part of Call Auction in Special Pre-open Session (SPOS) on February 6, 2026.

Compliance Requirements

  • Trading members must note the transfer of Genus Power Infrastructures shares from ‘A’ group to ‘T’ group effective February 6, 2026
  • Trading members should refer to BSE notice no. 20120216-29 dated February 16, 2012 for detailed procedures on Special Pre-open Session
  • All trading in the scrip on February 6, 2026 will be conducted through call auction in pre-open session
  • Depository participants and registrars must process share entitlements based on shareholding as of the record date
  • Shareholders holding shares as of record date will be entitled to receive new shares in Genus Prime Infra Limited

Important Dates

  • Notice Date: February 3, 2026
  • Record Date: February 6, 2026
  • Ex-Entitlement Date: February 6, 2026
  • Settlement Number: DR-815/2025-2026
  • Group Transfer Date: February 6, 2026 (A group to T group)
  • Special Pre-open Session Date: February 6, 2026

Impact Assessment

For Shareholders: Shareholders of Genus Power Infrastructures Ltd as on the record date will receive shares in the newly formed Genus Prime Infra Limited at a ratio of 1:6. This demerger separates the Investment Business Division into a distinct listed entity, potentially unlocking value by allowing separate valuation of the investment business.

For Trading: The transfer to ‘T’ group (Trade-to-Trade segment) means all transactions will require compulsory delivery, with no intraday trading permitted. This reduces speculative activity during the corporate action period. The Special Pre-open Session will facilitate price discovery through a call auction mechanism on the ex-entitlement date.

Market Impact: The demerger represents a significant corporate restructuring approved by NCLT. Investors will need to assess the valuations of both the demerged entity (Genus Power Infrastructures) and the resulting entity (Genus Prime Infra Limited) separately. The 1:6 ratio means shareholders will receive fewer shares in the new entity, with higher face value per share.

Impact Justification

Major corporate restructuring involving demerger with share issuance, trading group transfer from A to T, and special pre-open session requirements affecting all shareholders.