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Genus Power Infrastructures to disinvest its Home & Industrial Products business

22 Aug 2014 Evaluate

Genus Power Infrastructures has received an approval to transfer/sell/dispose of company’s Home & Industrial Products (HIP) business, subject to approval of members and other regulatory authorities, if any. The board of directors at its meeting held on August 21, 2014 has approved for the same.

Home & Industrial Products is engaged in manufacturing of a complete range of Inverters/UPS, Solar PCU and Batteries.

Genus Power Infrastructures is engaged in the manufacturing and distribution of electronic energy meters, power distribution management projects, hybrid microcircuits, inverters, batteries, home UPS and online UPS in India and abroad.

Peers
Company Name CMP
Waaree Energies 2471.40
Apar Industries 17805.35
Havells India 1092.60
Suzlon Energy 42.55
Siemens 3770.00
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