
Genus Prime Infra Allots 7.8 Cr Equity Shares & Preference Shares
Genus Prime Infra Ltd's Board of Directors approved the allotment of equity and preference shares on April 10, 2026, following the NCLT's approval of a Scheme of Arrangement on April 24, 2025. The company allotted 5,07,76,631 equity shares to existing GPIL shareholders and 1,22,74,139 equity shares to YCL shareholders. Additionally, 4,88,000 Zero Coupon Redeemable Preference Shares and 18,00,000 9% Cumulative Non-Convertible Redeemable Preference Shares were allotted to YCL preference shareholders. Post-allotment, the issued and paid-up equity share capital increased to 7,79,77,210 shares of ₹2 each. The preference share capital also saw a corresponding increase. No shares were issued for the amalgamation of wholly-owned subsidiaries. All inter-se shareholding in Yajur Commodities Limited will be cancelled. The newly allotted equity shares will be listed and rank pari passu with existing shares, while preference shares will remain unlisted.
Key Highlights
- Board approved allotment of equity and preference shares.
- 7.8 Cr new equity shares allotted under Scheme of Arrangement.
- Equity share capital increased to 7,79,77,210 shares.
- Preference shares also allotted, increasing respective capitals.
- New equity shares will be listed and rank pari passu.