Genus Paper & Boards Disinvests 100% Stake in Wholly Owned Subsidiary GPCL for Rs. 11 Crores

Genus Paper & Boards Ltd, a Kailash Group Company, has disinvested 100% of the equity stake in its Wholly Owned Subsidiary, Genus Paper and Coke Limited (GPCL), for a consideration of Rs. 11,86,40,000. The transaction was entered into on March 06, 2026, and the disposal was completed on the same date. Hi-Print Electromack Private Limited, a non-promoter entity, is the buyer. The sale is not part of a Scheme of Arrangement and is considered a related party transaction, being entered at arm's length based on a valuation report.