
Genus Prime Infra Ltd Allots Shares to Shareholders Following Scheme Approval
Genus Prime Infra Ltd, formerly Gulshan Chemfill Limited, announced details regarding the allotment of equity and preference shares following an approved Scheme of Arrangement. The Board of Directors of the Company, at a meeting held on April 10, 2026, approved the allotment of securities to various shareholder groups.The allotment occurred pursuant to the Scheme involving Genus Prime Infra Limited, Sansar Infrastructure Private Limited, Star Vanijya Private Limited, Sunima Trading Private Limited, Genus Power Infrastructures Limited, Yajur Commodities Limited, and their respective shareholders and creditors.
Key allotments approved by the Board included:
- Equity Shares to GPIL Shareholders: Allotment of 5,07,76,631 fully paid up equity shares, each with a face value of ₹ 2/-, to the equity shareholders of Genus Power Infrastructures Limited (GPIL) as of the Record Date, February 06, 2026.
- Equity Shares to YCL Shareholders: Allotment of 1,22,74,139 fully paid up equity shares, each with a face value of ₹ 2/-, to the equity shareholders of Yajur Commodities Limited (YCL) as of the Record Date, February 06, 2026.
- Zero Coupon Redeemable Preference Shares to YCL Shareholders: Allotment of 4,88,000 Zero Coupon Redeemable Preference Shares, each with a face value of ₹ 100/-, to the Zero Coupon Redeemable Preference Shareholders of YCL as of the Record Date, February 06, 2026.
- 9% Cumulative Non-Convertible Redeemable Preference Shares to YCL Shareholders: Allotment of 18,00,000 9% Cumulative Non-Convertible Redeemable Preference Shares, each with a face value of ₹ 100/-, to the 9% Cumulative Non-Convertible Redeemable Preference Shareholders of YCL as of the Record Date, February 06, 2026.
Impact on Share Capital
The allotments resulted in increases to the Company's paid-up share capital structure.The issued and paid-up equity share capital of the Company increased to Rs. 15,59,54,420, comprising 7,79,77,210 fully paid up equity shares of face value of ₹ 2/- each.
Regarding the preference shares:
- The issued and paid-up Zero Coupon Redeemable Preference Share Capital of the Company increased to Rs. 5,88,00,000, divided into 5,88,000 fully paid up preference shares of face value of ₹ 100/- each.
- The issued and paid-up 9% Cumulative Non-Convertible Redeemable Preference Share Capital of the Company increased to Rs. 18,00,00,000, divided into 18,00,000 fully paid up preference shares of face value of ₹ 100/- each.
The Company noted that no shares were issued and allotted in consideration of the amalgamation of Sansar Infrastructure Private Limited, Star Vanijya Private Limited, and Sunima Trading Private Limited, as these entities are wholly owned subsidiaries of Genus Prime Infra Limited, and the entire paid up share capital of these amalgamating companies is held by Genus Prime Infra Limited along with its nominees. Furthermore, all inter-se shareholding held by Genus Prime Infra Limited, Genus Power Infrastructures Limited, Sansar Infrastructure Private Limited, and Sunima Trading Private Limited in Yajur Commodities Limited shall stand cancelled and extinguished per the Scheme.
The allotted equity shares are stated to be listed on the stock exchange and shall rank pari passu with the existing equity shares of the Company, while the preference shares allotted shall remain unlisted.
Stock Price Movement
On Friday, Genus Prime Infra Ltd settled at ₹22.63, ticking up 0.31% for the session. Throughout the day, the shares fluctuated across a range spanning from a low of ₹21.50 to a high of ₹23.63.Source:
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