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Genus Power Infrastructures Ltd expands presence in Maharashtra
short by / on Thursday, 4 July, 2024
Genus Power Infrastructures Ltd is expanding its presence in the power infrastructure and distribution sector by acquiring a stake in Maharashtra Akola Amravati Smart Metering Private Limited. This acquisition will be done through Genus Power Solutions Private Limited (GPSPL), a wholly-owned subsidiary of Genus. The deal involves GPSPL purchasing 30,000 equity shares, representing a 30% stake.