Genus Power stock in focus as company acquires 86.49% stake in Newlectric InnovationGenus Power stock in focus as company acquires 86.49% stake in Newlectric Innovation

Introduction

Leading power infrastructure firm acquires majority stake in Newlectric Innovation Private Limited, making it a wholly-owned subsidiary to expand operations in smart electricity meter manufacturing.

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Share price movement of Genus Power

On January 21, 2026, Genus Power Infrastructures Ltd opened at ₹263.20, up 0.04% from its previous close of ₹263.10. The stock reached a high of ₹265.55 (0.97%) and a low of ₹256.65 (2.48%). By 10:53 AM, it traded at ₹258.90, a 1.60% decrease, with a market cap of ₹7,876.20 crore.

Genus Power Acquires NIPL Stake

Genus Power Infrastructures Limited signed a Share Purchase Agreement on January 20, 2026, to acquire 86.49% equity in Newlectric Innovation Private Limited (NIPL), making it a wholly-owned subsidiary.

The acquisition, valued at Rs. 25.23 crore, involves 34,36,717 shares and will be completed through cash consideration. The transaction was conducted on an arm’s length basis.

NIPL, incorporated in November 2021, manufactures smart electricity meters. Its turnover declined from Rs. 64.24 crore in 2023 to Rs. 10.92 crore in 2025, operating within the power infrastructure and distribution industry.

Stock performance of Genus Power for Period of 1 week, 6 months, and 1 year

Genus Power Infrastructures Ltd delivered a -2.60% return over the past week, and it declined by -29.6% in the past 6 months. The stock fell 29.6% over the past 1 year.

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Shareholding pattern of Genus Power

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	39.30%	39.40%	39.40%
FII	18.70%	18.80%	20.40%
DII	3.20%	3.40%	3.70%
Public	38.70%	38.50%	36.50%

About Genus Power

Genus Power Infrastructures Ltd (NSE: GENUSPOWER), part of the Kailash Group, provides metering solutions, turnkey engineering, construction services, and undertakes strategic investments across its core business divisions.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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