The deal involved Refex taking over 2,997 cars owned by Gensol, along with Rs 315 crore in debt. The deal fell through ...
The numbers paint a grim picture. In just the past five days, Gensol Engineering’s share price has plunged nearly 20%. The ...
Bourses BSE and NSE have put the securities of Gensol under the long-term ESM (Enhanced Surveillance Measure) framework.
In a fresh development, Refex Industries has terminated its deal to acquire 2,997 electric vehicles from Gensol Engineering ...
Shares of Gensol Engineering remained under selling pressure, hitting the lower circuit for the second consecutive session on ...
Anmol Singh Jaggi-led Gensol Engineering is awaiting financial and regulatory approvals to proceed with the sale of 2,997 ...
Both Gensol Engineering Limited (Gensol) and Refex Green Mobility Limited (RGML) have addressed media claims that Gensol ...
The move by the company adds to the continuous stream of unfortunate developments at Gensol Engineering, which is facing a ...
Ever since publicly listed Gensol has come under the scanner due to debt and liquidity issues casting a shadow on BluSmart’s ...
Refex Industries and Gensol Engineering cancel plan to transfer 2,997 electric vehicles due to evolving commitments.
Emphasising that the transaction has not yet been concluded, Gensol Engineering said that the EV assets are still the ...
Crisis-hit Gensol Engineering on Friday said it mutually decided not to proceed with the proposed asset takeover of 2,997 electric vehicles (EVs) by Refex Green Mobility Ltd (RGML). Gensol's EV ...