GENRAD INC
SC 13G/A, 1996-04-11
INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS
Previous: GENCORP INC, 10-Q, 1996-04-11
Next: GREAT AMERICAN MANAGEMENT & INVESTMENT INC, SC 14D9, 1996-04-11



<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                             (Amendment No. 2    )

                                   Genrad Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
- --------------------------------------------------------------------------------
                         (Title of class of securities)

                                    372447102

- --------------------------------------------------------------------------------
                                 (CUSIP number)

         Check the following box if a fee is being paid with this statement / /
         (A fee is not required only if the filing person: (1) has a previous
         statement on file reporting beneficial ownership of more than five
         percent of the class of securities described in Item 1; and (2) has
         filed no amendment subsequent thereto reporting beneficial ownership of
         five percent or less of such class.) (See Rule 13d-7).

         The remainder of this cover page shall be filled out for a reporting
         person's initial filing on this form with respect to the subject class
         of securities, and for any subsequent amendment containing information
         which would alter the disclosures provided in a prior cover page.

         The information required in the remainder of this cover page shall not
         be deemed to be "filed" for the purpose of Section 18 of the Securities
         Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
         that section of the Act but shall be subject to all other provisions of
         the Act (however, see the notes).
<PAGE>   2
<TABLE>
<CAPTION>
- -----------------------------------------                       -------------------------------------
CUSIP NO.              372447102                    13G          PAGE           2 OF        6 PAGES
- -----------------------------------------                       -------------------------------------

- -----------------------------------------------------------------------------------------------------
<S>               <C>                                                                          <C>
       1          NAME OF REPORTING PERSONS

                  S.S.  OR  I.R.S.  IDENTIFICATION NO. OF ABOVE PERSONS

                                Morgan Stanley Group Inc.

                                IRS # 13-283-8891

- -----------------------------------------------------------------------------------------------------
       2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                                                
                                                                                               (a)/ /

                                                                                                
                                                                                                
                                                                                               (b)/ /

                                                                                                

- -----------------------------------------------------------------------------------------------------
       3          SEC USE ONLY

- -----------------------------------------------------------------------------------------------------
       4          CITIZENSHIP OR PLACE OF ORGANIZATION
                                The state of organization is Delaware.

- -----------------------------------------------------------------------------------------------------
                NUMBER OF                         5       SOLE VOTING POWER
                 SHARES                                               0
                                               ------------------------------------------------------
              BENEFICIALLY                        6       SHARED VOTING POWER
                OWNED BY                                      2,009,504
                                               ------------------------------------------------------
                  EACH                            7       SOLE DISPOSITIVE POWER
                REPORTING                                             0
                                               ------------------------------------------------------
               PERSON WITH                        8       SHARED DISPOSITIVE POWER
                                                              2,011,004
- -----------------------------------------------------------------------------------------------------
       9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                     2,011,004

- -----------------------------------------------------------------------------------------------------
      10          CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -----------------------------------------------------------------------------------------------------
      11          PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                                         10.07%

- -----------------------------------------------------------------------------------------------------
      12          TYPE OF REPORTING PERSON*
                                IA, CO
- -----------------------------------------------------------------------------------------------------
</TABLE>

                     * SEE INSTRUCTIONS BEFORE FILLING OUT !
<PAGE>   3
<TABLE>
- -------------------------------------                              -------------------------------------
CUSIP NO.            372447102                     13G              PAGE           3 OF         6 PAGES
- -------------------------------------                              -------------------------------------
<S>                                                <C>
   Item 1 (a)                                      Name of Issuer
- -----------------                                  ----------------------------

                                                   Genrad Inc.

   Item 1 (b)                                      Address of issuer's principal executive offices
- -----------------                                  -----------------------------------------------------

                                                   300 Baker Avenue
                                                   Concord, MA 01742

   Item 2 (a)                                      Name of person filing
- -----------------                                  -----------------------------------------------------

                                                   Morgan Stanley Group Inc.


   Item 2 (b)                                      Principal business office
- -----------------                                  -----------------------------------------------------

                                                   1585 Broadway
                                                   New York, New York 10036

   Item 2 (c)                                      Citizenship
- -----------------                                  ----------------------------

                                                   Incorporated by reference to Item 4 of the cover page.

   Item 2 (d)                                      Title of class of Securities
- -----------------                                  -----------------------------------------------------

                                                   Common Stock

   Item 2 (e)                                      Cusip No.
- -----------------                                  ----------------------------

                                                   372447102

 Item    3                                         Morgan Stanley Group Inc. is (e) an Investment Adviser registered
- -----------------
                                                   under section 203 of the Investment Advisers Act of 1940.

 Item    4                                         Ownership
- -----------------                                  ----------------------------

                                                   Incorporated by reference to Items (5) - (9) and (11) of the
                                                   cover page.
</TABLE>
<PAGE>   4
<TABLE>
- -------------------------------------                              -------------------------------------
CUSIP NO.            372447102                     13G              PAGE           4 OF         6 PAGES
- -------------------------------------                              -------------------------------------
<S>                                                <C>
     Item 5                                        Ownership of 5 Percent or Less of a Class
     ------                                        -----------------------------------------

                                                   Inapplicable

     Item 6                                        Ownership of More than 5 Percent on Behalf of Another Person
     ------                                        ------------------------------------------------------------

                                                   Accounts managed on a discretionary basis by wholly-owned
                                                   subsidiaries of Morgan Stanley Group Inc. are known to have
                                                   the right to receive or the power to direct the receipt of
                                                   dividends from, or the proceeds from, the sale of such
                                                   securities. No such account holds more than 5 percent of the
                                                   class. the class.

     Item 7                                        Identification and Classification of the Subsidiary Which Acquired
     ------                                        ------------------------------------------------------------------
                                                   the Security Being Reported on By the Parent Holding Company
                                                   ------------------------------------------------------------

                                                   Inapplicable

     Item 8                                        Identification and Classification of Members of the Group
     ------                                        ---------------------------------------------------------

                                                   Inapplicable

     Item 9                                        Notice of Dissolution of Group
     ------                                        ------------------------------

                                                   Inapplicable

    Item 10                                        Certification
    -------
                                                   By signing below I certify that, to the best of my knowledge
                                                   and belief, the securities referred to above were acquired in
                                                   the ordinary course of business and were not acquired for the
                                                   purpose of and do not have the effect of changing or
                                                   influencing the control of the issuer of such securities and
                                                   were not acquired in connection with or as a participant in
                                                   any transaction having such purpose or effect.
</TABLE>
<PAGE>   5
<TABLE>
- -------------------------------------                              -------------------------------------
CUSIP NO.            372447102                     13G              PAGE           4 OF         6 PAGES
- -------------------------------------                              -------------------------------------
<S>                                                <C>
                                                   After reasonable inquiry and to the best of my knowledge and
                                                   belief, I certify that the information set forth in this
                                                   statement is true, complete and correct.

                     Date :                        April 8,  1996

                     Signature :                   /s/ Edward  J.  Johnsen
                                                   -----------------------------------------------------------------------------

                     Name / Title :                Edward  J.  Johnsen / Vice President Morgan Stanley & Co. Incorporated
                                                   -----------------------------------------------------------------------------
                                                   MORGAN  STANLEY  GROUP  INC.
</TABLE>

<TABLE>
<CAPTION>
                                                     INDEX TO EXHIBITS                                          PAGE
                                                     -----------------                                          ----
<S>                                       <C>                                                                   <C>
                         EXHIBIT 1        Secretary's Certificate Authorizing Edward J. Johnsen                  6
                     -------------------
                                          to Sign on behalf of Morgan Stanley Group Inc.
</TABLE>



<PAGE>   1
                                                              Page 6 of 6 Pages

                                   EXHIBIT 1

                                 MORGAN STANLEY

                            SECRETARY'S CERTIFICATE

        I, Charlene R. Herzer, a duly elected and acting Assistant Secretary of
Morgan Stanley Group Inc., a corporation organized and existing under the laws
of the State of Delaware (the "Corporation"), certify that the following
resolutions were duly and validly adopted by a Consent in Lieu of a Meeting of
the Executive Committee of the Board of Directors of the Corporation dated as
of October 19, 1995 and that such resolutions are in full force and effect on
the date hereof:

                RESOLVED, that the resolutions adopted on September 8, 1993 and
        April 17, 1995 relating to signatories to certain reports to be filed
        with the Securities and Exchange Commission (the "SEC") are superseded
        in their entirety by these resolutions and Stuart J.M. Breslow, Robert
        G. Koppenol and Edward J. Johnsen are severally authorized and directed
        to sign on behalf of the Corporation any reports to be filed under
        Section 13 and Section 16 of the Securities Exchange Act of 1934, as
        amended, and the rules and regulations thereunder, with the Securities
        and Exchange Commission, such authorizations to cease automatically upon
        termination of employment with any affiliate of the Corporation; and

                RESOLVED FURTHER, that all actions heretofore taken by Stuart
        J.M. Breslow, Robert G. Koppenol and Edward J. Johnsen that are within
        the authority conferred by the foregoing resolution are approved,
        ratified and confirmed in all respects.

                RESOLVED, that any and all actions to be taken, caused to be
        taken or heretofore taken by any officer of the Corporation in executing
        any and all documents, agreements and instruments and in taking any and
        all steps (including the payment of all expenses) deemed by such officer
        as necessary or desirable to carry out the intents and purposes of the
        foregoing resolutions are authorized, ratified and confirmed.

        IN WITNESS WHEREOF, I have hereunto set my name and affixed the seal of
the Corporation as of the 20th day of October, 1995.



                                                /s/ Charlene R. Herzer
                                                ---------------------------
                                                Charlene R. Herzer
                                                Assistant Secretary

[SEAL]



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission