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Genesis Ibrc India LtdImportant, 08-01-2026: Company Update

08-01-2026 | 10:19 pm

Genesis IBRC India Limited's former promoters, including Mr. Mastan Rao Pesala and others, have completed the sale of their entire shareholding of 14,73,000 shares to new acquirers, Mr. Padmanabhan Krishnamoorthy and Ms. Venkatraman Varalakshmi. This share transfer was part of a previously disclosed open offer and share purchase agreement. As a result, the former promoters are now reclassified from the Promoter Category to the Public Category, marking a significant shift in the company's ownership structure.

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