Genus Power Infrastructures Limited — JV/Acquisition, 10-02-2026: Acquisition

Genus Power Infrastructures has acquired 100% equity stakes in Himachal Pradesh C Zone Smart Metering and Genus Assam Package-3 SPV for a combined value of Rs 0.02 Cr. This internal restructuring makes both smart metering entities direct wholly-owned subsidiaries, streamlining the corporate structure. The strategic rationale is to enhance and simplify the execution of Advanced Metering Infrastructure Service Provider (AMISP) contracts, boosting operational efficiency in the smart meter business.