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Genus Power Infrastructures incorporates wholly owned subsidiary

25 Feb 2022 Evaluate

Genus Power Infrastructures has incorporated 100% wholly owned subsidiary namely ‘Genus Power Solutions’ with the object to carry on the business of installing/operating all types of smart metering (including Energy metering, Gas metering, and Water metering) on turn-key basis or under CAPEX-OPEX-TOTEX base BOOT Model. The company has subscribed initial capital of 1 lakh equity shares of Re 1 each aggregating to Rs 1 lakh in the wholly owned subsidiary.

Genus Power Infrastructures (GPIL) is engaged in the manufacture 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 2324.25
Apar Industries 17809.00
Havells India 1026.65
Suzlon Energy 36.59
Siemens 3656.00
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