26-Oct-2026 19:01:04
GENUS POWER: BOARD APPROVES ₹148.20 CR SHARE BUYBACK AT ₹312 PER SHARE ( 20 % PREMIUM TO TODAY'S PRICE )
• Buyback Approval: Board approved share buyback worth up to ₹148.20 Cr through tender offer route • Share Quantity: Company plans to repurchase up to 47.50 lakh fully paid-up equity shares • Equity Reduction: Buyback represents approximately 1.56% of the company's existing equity shares • Record Date: October 30, 2026, fixed to determine shareholders eligible for the buyback • Buyback Route: Shares to be purchased from eligible shareholders on a proportionate basis through tender offer • Funding: Buyback size represents 6.77% of standalone and 6.72% of consolidated paid-up equity capital and free reserves • Shareholder Returns: Buyback provides an opportunity for eligible shareholders to tender shares at the announced price
GENUS POWER INFRASTRU LTD