News ArticleGenus Power Infrastructures Announces ₹148.20 Crore Buyback of 47.5 Lakh Shares at ₹312 Each
Buyback tendering to open November 4 and close November 11, 2026, representing 1.56% of total equity shares
Genus Power Infrastructures Limited launches a share buyback programme worth ₹148.20 crores to purchase up to 47.5 lakh equity shares at ₹312 each, representing 1.56% of total equity, with tendering open from November 4 to November 11, 2026.
Genus Power Infrastructures Limited
Corporate Action
Genus Power Infrastructures Limited has announced a buyback of up to 47,50,000 fully paid equity shares at ₹312 per share, comprising 1.56% of its total issued equity share capital, for a total buyback size of ₹148.20 crores payable in cash.
The buyback offer will be conducted on a proportionate basis through a tender offer using the stock exchange mechanism, in compliance with SEBI's Buyback Regulations, 2018.
The tendering period commences on Wednesday, November 4, 2026, and closes on Wednesday, November 11, 2026. However, tendering will not be allowed on Tuesday, November 10, 2026, a holiday declared by SEBI.
The buyback amount represents approximately 6.77% of the company’s fully paid-up equity share capital and free reserves based on the audited standalone financial statements for the year ended March 31, 2026, and complies with the statutory limit of 10% of the paid-up equity capital and free reserves.
Eligible shareholders as of the record date, Friday, October 30, 2026, may participate in the buyback. Required documentation includes tender forms and share transfer forms, which are provided along with the Letter of Offer.
The company's Board approved the buyback in their meeting held on October 26, 2026, and the buyback complies with applicable laws including provisions of the Companies Act, SEBI regulations, and stock exchange requirements.
Highlights
- Buyback of up to 47,50,000 fully paid equity shares at ₹312 per share.
- Offer size totals ₹148.20 crores payable in cash.
- Represents 1.56% of total equity shares issued by the company.
- Tendering period from November 4 to November 11, 2026, excluding November 10 holiday.
- Buyback approved in Board meeting on October 26, 2026, following legal and regulatory requirements.
Key Data Snapshot
What happened
- Genus Power Infrastructures Limited announced a buyback of up to 47,50,000 equity shares at ₹312 each.
- The buyback amount totals ₹148.20 crores, representing 1.56% of total issued shares.
- The buyback will be conducted through a tender offer on stock exchanges from Nov 4 to Nov 11, 2026, excluding Nov 10.
- Eligible shareholders as on October 30, 2026, the record date, may participate.
- The buyback received Board approval on October 26, 2026, and meets regulatory and statutory requirements.
Key details
- Buyback price set at ₹312 per fully paid-up equity share having a face value ₹1 each.
- The maximum buyback size corresponds to 6.77% of paid-up equity and free reserves based on audited financials ending March 31, 2026.
- Tender offer conducted per SEBI (Buy-Back of Securities) Regulations, 2018 and Companies Act provisions.
- Tendering period excludes November 10, 2026, which is a SEBI-declared holiday.
- Shareholders to submit tender documents and physical share certificates by November 11, 2026.
Order and execution details
- Tendering period opens on Wednesday, November 4, 2026, and closes on Wednesday, November 11, 2026.
- Tendering not permitted on Tuesday, November 10, 2026 due to SEBI holiday.
- Settlement of bids through the stock exchange to complete by Tuesday, November 17, 2026.
- Tender forms along with share transfer forms (SH-4) are provided with the Letter of Offer.
- Payment of buyback consideration will be made in cash to the shareholders after successful tendering.
Regulatory and governance context
- The buyback complies with Articles of Association, Companies Act 2013, SEBI Buyback Regulations 2018, and relevant Listing Obligations.
- Necessary approvals and permissions obtained or to be obtained from SEBI, RBI, Stock Exchanges, MCA, RoC, and other authorities.
- The buyback is within statutory limits not exceeding 10% of paid-up equity and free reserves.
- The Letter of Offer sent to all eligible shareholders electronically or physically if requested and for those without registered email.
- The company engaged IIFL Capital Services Limited as Manager to the Buyback and Niche Technologies Private Limited as Registrar.
Highlights
- Buyback of up to 47,50,000 fully paid equity shares at ₹312 per share.
- Offer size totals ₹148.20 crores payable in cash.
- Represents 1.56% of total equity shares issued by the company.
- Tendering period from November 4 to November 11, 2026, excluding November 10 holiday.
- Buyback approved in Board meeting on October 26, 2026, following legal and regulatory requirements.
Disclosures
- Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018
- Companies Act, 2013
- Companies (Share Capital and Debentures) Rules, 2014
- Companies (Management and Administration) Rules, 2014
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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