Former Business and Operations Vice-President Nandan Sharma has been named the new CEO. In addition to resolving the urgent financial problems that have severely strained BluSmart and its parent firm, ...

Now in a fresh update on Friday, the renewable energy company announced that they have decided to not move forward with the ...

In stock exchange filing, Refex Industries cited “evolving commitments at both ends” as the reason for the decision, stating ...

The deal involved Refex taking over 2,997 cars owned by Gensol, along with Rs 315 crore in debt. The deal fell through ...

In a fresh development, Refex Industries has terminated its deal to acquire 2,997 electric vehicles from Gensol Engineering ...

Refex Industries and Gensol Engineering cancel plan to transfer 2,997 electric vehicles due to evolving commitments.

Refex Green Mobility (RGML), subsidiary of Refex Industries, has updated the recent development regarding the proposed asset takeover of 2,997 electric vehicle ('EV') from Gensol Engineering (Gensol).

Bourses BSE and NSE have put the securities of Gensol under the long-term ESM (Enhanced Surveillance Measure) framework.

The move by the company adds to the continuous stream of unfortunate developments at Gensol Engineering, which is facing a ...

In a common press release, both companies said, "This decision has been arrived at due to the evolving commitments at both ...

The agreement involves Refex taking over an existing ₹315 crore loan from Gensol, which is essential to relieving the parent company’s financial burden. The reorganization process is made more ...

Renewable energy sector player Gensol Engineering Limited shares have been under pressure for quite some time now.