FilingReader Intelligence

Genus Power promoter encumbers additional shares for Tata Capital's loan

July 4, 2025 at 01:20 PM UTCBy FilingReader AI

On July 4, 2025, Genus Power Infrastructures Limited announced that promoter Kailash Chandra Agarwal created an additional encumbrance on 1,600,000 shares, representing 0.53% of the company's total share capital, in favor of Tata Capitals Limited, to secure a loan. The encumbrance was created on June 30, 2025, by way of a pledge. Following this transaction, Kailash Chandra Agarwal's total encumbered shares stand at 10,897,381 or 3.59% of total share capital. According to the disclosure, the total number of shares deemed encumbered by Non-Disposal Undertaking by promoters is 76,631,609 with an additional 3,200,000 pledged shares.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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