Madhusudan Kela bought 13,79,310 shares of Genus Power Infrastructures Limited for ₹40.00 Cr at ₹290.00 apiece in a block deal.
A manufacturer of electrical metering equipment and metering solutions, Genus Power serves utility and infrastructure sectors across India. The company's core business division undertakes engineering, construction, and contracting services on a turnkey basis for power distribution and measurement systems. Incorporated in 1992 and part of the Kailash Group, it also pursues strategic investments aligned with its infrastructure operations and sector expertise.
Helped build Reliance Mutual Fund from ₹200 Cr to nearly ₹1 lakh Cr in AUM as CIO, then left in 2018 to deploy his own capital. Founded MK Ventures, which evolved into Cohesion MK Best Ideas in partnership with Abu Dhabi-based Cohesion Investments. His ~₹2,127 Cr disclosed portfolio spans pharma, finance, textiles, and real estate. 30 years of institutional edge, now applied with the freedom and conviction of a principal investor. His thesis calls move before the crowd.
