Genus Power Infrastructures Limited announced on May 16, 2025, that it has received the certified true copy of the order from the Hon’ble National Company Law Tribunal (NCLT), Allahabad Bench.
- This order sanctions the Scheme of Arrangement.
- The Scheme involves the demerger of the Strategic Investment Business (Demerged Undertaking) of Genus Power Infrastructures Limited.
- The Strategic Investment Business is being demerged into Genus Prime Infra Limited.
- The company had previously disclosed the sanction of the Scheme on April 30, 2025.
- The certified copy of the NCLT order has been uploaded on the company’s website.