Genus Power Infrastructures Limited has incorporated three wholly-owned subsidiaries, namely "GENUS SMART METERING PRIVATE LIMITED", "GENUS METERING INFRA PRIVATE LIMITED" and "GENUS ADVANCE METERING PRIVATE LIMITED" on March 06, 2024. Name of the target entity, details in brief such as size, turnover, etc.: Genus Smart Metering Private Limited. Authorized capital: INR 100,000/-.

Subscribed capital: INR 100,000/-. Whether the acquisition would fall within related party transaction(s) and whether the promoter /promoter group /group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arm's length": It is a Related Party.

It is a wholly-owned subsidiary of the company. Save and except as mentioned above, the Promoters /promoter group /group companies are not interested in the transaction. Industry to which the entity being acquired belongs: Power Infrastructure and Distribution Industry/business.

Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity): It is incorporated as SPV for execution of Advanced Metering Infrastructure Service Provider (AMISP) Contract. Genus Smart Metering Private Limited incorporated on March 06, 2024 under the provisions of the Companies Act, 2013, having corporate identity number U26513RJ2024PTC093145, and its registered office is situated in the State of Rajasthan. Its main object is "Manufacturing of all type of smart /advanced /prepaid meters".

Name of the target entity, details in brief such as size, turnover, etc.: Genus Metering Infra Private Limited. Authorized capital: INR 100,000/-. Subscribed capital: INR 100,000/-.

Whether the acquisition would fall within related party transaction(s) and whether the promoter /promoter group /group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arm's length": It is a Related Party. It is a wholly-owned subsidiary of the company.

Save and except as mentioned above, the Promoters /promoter group /group companies are not interested in the transaction. Industry to which the entity being acquired belongs: Power Infrastructure and Distribution Industry/business. Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity): It is incorporated as SPV for execution of Advanced Metering Infrastructure Service Provider (AMISP) Contract.

Genus Metering Infra Private Limited incorporated on March 06, 2024 under the provisions of the Companies Act, 2013, having corporate identity number U26513RJ2024PTC093147, and its registered office is situated in the State of Rajasthan. Its main object is "Manufacturing of all type of smart /advanced /prepaid meters". Name of the target entity, details in brief such as size, turnover, etc.: Genus Advance Metering Private Limited.

Authorized capital: INR 100,000/-. Subscribed capital: INR 100,000/-. Whether the acquisition would fall within related party transaction(s) and whether the promoter /promoter group /group companies have any interest in the entity being acquired?

If yes, nature of interest and details thereof and whether the same is done at "arm's length": It is a Related Party. It is a wholly-owned subsidiary of the company. Save and except as mentioned above, the Promoters /promoter group /group companies are not interested in the transaction.

Industry to which the entity being acquired belongs: Power Infrastructure and Distribution Industry/business. Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity): It is incorporated as SPV for execution of Advanced Metering Infrastructure Service Provider (AMISP) Contract. Genus Advance Metering Private Limited incorporated on March 06, 2024 under the provisions of the Companies Act, 2013, having corporate identity number U26513RJ2024PTC093146, and its registered office is situated in the State of Rajasthan.

Its main object is "Manufacturing of all type of smart /advanced /prepaid meters".