Genus Power Infrastructures has informed that a company in the name of ‘Hi-Print Metering Solutions’ has been incorporated in India on August 22, 2022 as a 100% Wholly Owned Subsidiary of Genus Power Infrastructures (the Company) 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 1,00,000 Equity Shares of Re 1 each aggregating to Rs 1,00,000 in the wholly owned subsidiary.
The above information is a part of company’s filings submitted to BSE.