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

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

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 ...

Before Gensol’s stock crashed 80%, insiders sold at the peak—months before rating agencies flagged concerns. Here’s how ...

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 ...

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, ...

The numbers paint a grim picture. In just the past five days, Gensol Engineering’s share price has plunged nearly 20%. The ...

Ever since publicly listed Gensol has come under the scanner due to debt and liquidity issues casting a shadow on BluSmart’s ...

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

Emphasising that the transaction has not yet been concluded, Gensol Engineering said that the EV assets are still the ...