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Outcome of Board Meeting

| Updated on August 21, 2014 Published on August 21, 2014

Genus Power Infrastructures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 21, 2014, inter alia, has decided the following:

1. To appoint M/s. S. R. Batliboi & Associates LLP, Chartered Accountants, as Joint Statutory Auditors alongwith the existing Auditors of the Company, subject to consent of members.

2. To transfer/sell/dispose of Companys Home & Industrial Products ("HIP") business i.e. manufacturing of a complete range of Inverters/UPS, Solar PCU and Batteries, subject to approval of members and other regulatory authorities, if any.

3. To appoint Mr. Jitendra Kumar Agarwal as Joint Managing Director of the Company, for a period of 5 years with effect from September 20, 2014, subject to consent of members.

Source : BSE - >www.bseindia.com

Published on August 21, 2014
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