GENUSPOWERGenus Power Infrastructures Ltd.

Genus Power Infrastructures plans ₹148 crore buyback at ₹312 a share

Capital raise
Electronics - Industrial

Blacklitt Research28 October 20263 min read

A wooden utility pole carrying distribution transformers and power lines against a clear blue sky — Rsparks3, via Wikimedia Commons (CC0). Illustrative image.

Genus Power Infrastructures (NSE: GENUSPOWER) has approved a buyback of up to 47,50,000 equity shares at ₹312 each through the tender offer route, with an aggregate consideration of up to ₹148.20 crore excluding transaction costs, it said in a filing on 28 Oct 2026.

Key highlights

Buyback price: ₹312 per share, payable in cash
Aggregate consideration: up to ₹148.20 crore, excluding transaction costs
Record date: 30 Oct 2026; tender period expected 4 Nov 2026 to 11 Nov 2026
Promoters and promoter group do not intend to tender

The buyback in numbers

Item	Detail
Shares proposed to be bought back	Up to 47,50,000 equity shares, about 1.56% of paid-up equity
Buyback price	₹312 per equity share, payable in cash
Premium	20.16% over the 23 Oct 2026 BSE close; 20.37% over the NSE close
Aggregate consideration	Up to ₹148.20 crore, excluding transaction costs
Size against capital and reserves	6.77% standalone; 6.72% consolidated, as at 31 Mar 2026
Route	Tender offer, proportionate basis, through the stock exchange mechanism
Record date	30 Oct 2026
Tender period	Expected 4 Nov 2026 to 11 Nov 2026 (5 working days)
Funding	Free reserves including securities premium, not borrowed funds

Size and price of the offer

The board approved the buyback at its meeting on 26 Oct 2026. The company says it is proposed in view of its strong financial position and adequate liquidity, with the objective of optimising the capital structure, enhancing shareholder value, and improving earnings per share and return on equity.

The aggregate consideration of up to ₹148.20 crore is 6.77% of standalone paid-up capital and free reserves and 6.72% of the consolidated figure, both as at 31 Mar 2026. Against the company's market value of ₹7,411 crore at the 27 Oct 2026 close of ₹267.85 a share, the buyback price of ₹312 is above that close.

Who can tender, and how much

Shares are bought back from shareholders on the record date of 30 Oct 2026, on a proportionate basis. Small shareholders have a reserved category of 15% of the shares proposed for buyback, or their entitlement if higher, with any shortfall adjusted in the general category.

The promoters and promoter group have said they do not intend to tender their shares. Their aggregate holding is 39.34% as on the announcement date. The filing does not say how many shares each shareholder may tender beyond their entitlement or what acceptance ratio will apply; that is expected to be set out in the letter of offer.

Earlier filing and recent results

The record date was fixed in a separate filing on 26 Oct 2026. In the latest quarter, Q1 FY27 on a consolidated basis, total income was ₹1,407.29 crore, up 46.0% year on year, and net profit was ₹174.70 crore, up 35.6%. The buyback filing does not link those results to the offer.

What the buyback means for Genus Power Infrastructures' shareholders

The buyback uses up to ₹148.20 crore of free reserves and other permitted sources, and the company says it will not borrow to fund it. Shareholders who tender will receive ₹312 a share in cash, subject to acceptance under the proportionate basis.

Not stated: how many shares will be accepted, the final price if the board raises it before the record date, and the effect on future earnings per share. The next dated step is the record date of 30 Oct 2026, followed by the tender period expected from 4 Nov 2026.

Reference: Original filing (PDF)

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