Genus Prime Infra allots 6.30 crore equity shares under NCLT-approved merger scheme
M&A
▲ Positive Development
LOW RISK
📅 Filed on BSE: 10 Apr 2026, 05:15 PM IST · BSE ID: 984f13aa-48a8-4db2-b840-9c00162bda8a
View Original BSE Filing (PDF)
💡
In Simple Terms
The company completed share allotments from a merger approved by the National Company Law Tribunal, issuing new shares to acquired company shareholders.
🤖 AI Summary
- Board approved allotment of 6.30 crore equity shares under NCLT-approved Scheme of Arrangement
- 5.08 crore shares to Genus Power Infrastructures Limited shareholders; 1.23 crore to Yajur Commodities shareholders
- 22.88 lakh preference shares allotted across Zero Coupon and 9% Cumulative Non-Convertible classes
- Issued equity capital increased to Rs. 15,59,54,420; 7,79,77,210 total equity shares outstanding
- Record date February 6, 2026; equity shares to be listed, preference shares remain unlisted
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity shares allotted to GPIL shareholders
5,07,76,631 shares
Equity shares allotted to YCL shareholders
1,22,74,139 shares
Zero Coupon Redeemable Preference Shares allotted
4,88,000 shares
9% Cumulative Non-Convertible Redeemable Preference Shares
18,00,000 shares
Issued equity capital post-allotment
Rs. 15,59,54,420
Total paid-up equity shares outstanding
7,79,77,210 shares
Zero Coupon Preference Share Capital
Rs. 5,88,00,000
9% Cumulative Preference Share Capital
Rs. 18,00,00,000
Total preference share capital allotted
Rs. 23,88,00,000
Record date for allotment
February 6, 2026
🏢 How This Affects the Company
Scheme integrates Genus Power Infrastructures Limited, Yajur Commodities Limited and three wholly-owned subsidiaries into Genus Prime Infra, consolidating operating entities into single listed holding structure.
Issued equity capital increased to Rs. 15,59,54,420 with 7,79,77,210 total shares outstanding. Preference capital increased by Rs. 5,88,00,000 (Zero Coupon class) and Rs. 18,00,00,000 (9% Cumulative class), totalling Rs. 23,88,00,000 in preference share capital.
Inter-se shareholding of Genus Prime Infra, Genus Power Infrastructures, Sansar Infrastructure and Sunima Trading in Yajur Commodities stands cancelled per Scheme terms, eliminating cross-holdings and simplifying corporate structure.
Merger integration complexity mitigated by NCLT approval and defined record date. Preference shares remain unlisted, limiting secondary market liquidity for those instruments.
👥 What This Means For Shareholders
✅
Action Required
Equity shareholders verify share receipt in demat account post-listing; preference shareholders confirm allotment status with registrar given unlisted status.
👤
Who Is Affected
Genus Power Infrastructures Limited shareholders received 5,07,76,631 equity shares. Yajur Commodities Limited equity shareholders received 1,22,74,139 shares. YCL preference shareholders received 4,88,000 Zero Coupon and 18,00,000 Cumulative Non-Convertible preference shares.
🔍
Management Signal
Completion of structural consolidation signals intent to simplify holding company architecture and streamline operational control under single listed entity.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Equity share listing on BSE — confirm trading commencement and opening price post-allotment
Updated shareholding pattern disclosure — verify promoter and institutional holdings post-merger consolidation
Preference share redemption schedule — track Zero Coupon and 9% Cumulative maturity dates and redemption process
LOW RISK
NCLT approval obtained; allotment executed by Board with defined record date. Legal framework clear. Main risk: preference share illiquidity due to unlisted status.
💡 Investor Takeaway
Genus Prime Infra executed allotment of 6.30 crore equity shares and Rs. 23.88 crore preference shares under NCLT-approved Scheme. Issued equity capital now Rs. 15,59,54,420 with 7,79,77,210 total shares. Equity shares to list; preference shares unlisted.
⚖️ Strengths & Concerns
✅ Positives
- NCLT approval obtained (April 24, 2025) provides legal certainty for all merger terms and share allotments
- Equity shares obtain listing status enabling liquidity; clear capital structure with 7.80 crore shares post-allotment
⚠️ Concerns
- Preference shares (Rs. 23.88 crore capital) remain unlisted, restricting exit options for preference shareholders
- No disclosure of exchange ratio details or consideration structure between merging entities in this filing
📅 Company Track Record
Scheme of Arrangement between Genus Prime Infra (Amalgamated Company), Sansar Infrastructure Private Limited, Star Vanijya Private Limited, Sunima Trading Private Limited (three wholly-owned subsidiaries), Genus Power Infrastructures Limited (Demerged Company), and Yajur Commodities Limited. NCLT approved April 24, 2025. Board approved allotments April 10, 2026.
Based on publicly available historical data. For context only.