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Genus Power Infrastructures incorporates step down subsidiary

02 Sep 2023 Evaluate

Genus Power Infrastructures has incorporated a step down subsidiary, namely ‘Maharashtra Akola Amravati Smart Metering’. Its main object is 'Manufacturing of all type of smart /advanced / prepaid meters'. It is incorporated as SPV for execution of Advanced Metering Infrastructure Service Provider (AMISP) Contract. The company has incorporated step down subsidiary on August 31, 2023.

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 2342.00
Apar Industries 17834.20
Havells India 1044.65
Suzlon Energy 37.17
Siemens 3713.20
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