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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Genus Power Infrastructures Ltd-$

Genus Power: Demerger Cost Apportionment — 90.05% retained, 9.95% to Genus Prime

M&A ● No Immediate Change MEDIUM RISK
📅 Filed on BSE: 10 Apr 2026, 06:15 PM IST  ·  BSE ID: 2398188e-a8ff-4811-a96d-91beacd9b3ae
View Original BSE Filing (PDF)
💡
In Simple Terms
Genus Power split into two companies; shareholders got new shares and must split their purchase cost between the two for tax filing.
🤖 AI Summary
  • NCLT sanctioned demerger of Strategic Investment Business into Genus Prime Infra Limited on April 24, 2025
  • Shareholders received 1 share of Genus Prime Infra (₹2 face value) for every 6 Genus Power shares (₹1 face value)
  • Record date for share allotment: Friday, February 6, 2026
  • Cost apportionment: 90.05% to Genus Power, 9.95% to Genus Prime Infra for tax purposes
  • Guidance is non-binding; regulatory authorities retain discretion to determine actual tax treatment
🔢 Key Numbers — exact figures from BSE filing, not rounded
Cost apportionment — Genus Power Infrastructures Limited
90.05%
Cost apportionment — Genus Prime Infra Limited
9.95%
Share swap ratio (Genus Prime Infra per Genus Power share)
1 share of ₹2 face value for every 6 shares of ₹1 face value
NCLT sanction date
April 24, 2025
Record date
February 6, 2026
🏢 How This Affects the Company
📈
Business Impact
Demerger separates Strategic Investment Business operations from core power infrastructure business. Genus Power retains 90.05% of historical business value, while Genus Prime Infra operates the separated investment division as standalone entity.
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Financial Impact
Cost apportionment of 90.05% to Genus Power and 9.95% to Genus Prime Infra affects shareholder tax basis and future capital gains calculations. Balance sheets of both entities now reflect post-demerger asset and liability allocation.
⚠️
Risk Impact
Tax authorities may apply different cost apportionment methodology than the 90.05%/9.95% guidance provided, creating divergence between filed and assessed cost basis for shareholders.
👥 What This Means For Shareholders
✅
Action Required
Shareholders should apportion their original cost of Genus Power shares using the 90.05% and 9.95% split for capital gains calculation when filing tax returns or selling either stock.
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Who Is Affected
All shareholders holding Genus Power shares on record date (February 6, 2026) are affected. Those who held pre-demerger must apply the apportionment to calculate adjusted cost basis for both Genus Power and Genus Prime Infra shares.
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Management Signal
Management is providing proactive shareholder guidance on tax treatment to avoid confusion; however, explicit disclaimer signals awareness that regulatory interpretation may differ from this non-binding guidance.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Income Tax assessments or appeals challenging the 90.05%/9.95% apportionment methodology
Genus Prime Infra Limited and Genus Power Infrastructures Q4 FY26 and FY27 financial results — track business performance post-demerger
Any NCLT or appellate court clarifications on cost apportionment formula applicability under Section 2(19AA) of Income Tax Act
MEDIUM RISK Company disclaims liability for cost apportionment guidance. Tax authorities retain full discretion and may assess shareholders using different methodology, creating compliance uncertainty.
💡 Investor Takeaway
Demerger completed February 6, 2026. Shareholders must apportion pre-demerger acquisition cost as: 90.05% to Genus Power Infrastructures and 9.95% to Genus Prime Infra Limited for income tax purposes. Company explicitly disclaims liability if tax authorities adopt different apportionment.
⚖️ Strengths & Concerns

✅ Positives

  • NCLT sanctioned scheme completed; demerger legally effective as of February 6, 2026 record date
  • Clear share swap ratio (1:6) and apportionment percentages provided to guide shareholder tax accounting

⚠️ Concerns

  • Company disclaims liability for guidance; regulatory authorities retain full discretion on final cost apportionment treatment
  • Filing provides no financial metrics or business separation details — purely a tax cost guidance communication
⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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