Genus Power Infrastructures provides shareholder guidance on cost apportionment following demerger of strategic investment business into Genus Prime Infra.
NCLT Allahabad sanctioned the demerger scheme on April 24, 2025, with share allotment ratio of 1:6 for Genus Prime Infra shares.
Pre-demerger cost of acquisition is to be split 90.05% to Genus Power and 9.95% to Genus Prime Infra for tax purposes.
The communication clarifies tax treatment for shareholders as of record date February 6, 2026, following the corporate restructuring.