Genus Power Infrastructures Limited — Others, 04-12-2024: Action(s) initiated or orders passed

Genus Power Infrastructures Limited reported that officers from the Directorate of Enforcement conducted a search at the company's corporate office and the Chairman’s residence. Importantly, business operations remained unaffected during this period, and the company fully cooperated with the officials, providing all necessary clarifications. While such operations may raise concerns, the seamless continuation of activities suggests a stable operational environment. Investors may view this as a neutral impact, balancing the need for transparency with the company's commitment to operational integrity.