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Genus Power Infrastructures incorporates wholly-owned step-down subsidiary

29 Aug 2024 Evaluate

Genus Power Infrastructures has incorporated a wholly-owned step-down subsidiary, namely ‘Genus Dhundar Smart Metering SPV’ on August 27, 2024. It is incorporated as SPV for execution of Advanced Metering Infrastructure Service Provider (AMISP) Contract.

Genus Metering Communication, a wholly-owned subsidiary of the Company has acquired 100% shareholding in Genus Dhundar Smart Metering SPV. 

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 2471.40
Apar Industries 17805.35
Havells India 1092.60
Suzlon Energy 42.55
Siemens 3770.00
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