Shareholding15 Apr 2026, 10:05 am
Genus Prime Infra: Simple Agarwal's stake rises to 55.69% post-NCLT scheme
AI Summary
Simple Agarwal, a promoter of Genus Prime Infra Ltd, has disclosed a substantial acquisition of shares under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This acquisition, effective April 10, 2026, was made pursuant to a Scheme of Arrangement sanctioned by NCLT on April 24, 2025. Following this, Simple Agarwal and Persons Acting in Concert (PACs) now collectively hold 43,424,728 equity shares, representing 55.69% of the total diluted share capital of Genus Prime Infra Limited. The company's equity share capital increased from 1,49,26,440 shares to 7,79,77,210 shares after the scheme and allotment.
Key Highlights
- Promoter Simple Agarwal acquired shares in Genus Prime Infra Ltd.
- Acquisition was pursuant to an NCLT-sanctioned Scheme of Arrangement.
- Post-acquisition, promoter group holding is 55.69% of diluted share capital.
- Total diluted share capital increased to 7,79,77,210 shares.
- The acquisition date was April 10, 2026.
Price Impact
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