Gensol Engineering News and Updates

Keep track of all breaking news on Gensol Engineering from all sources in a single place.

16 Dec 2025

26.70

-0.52%

EV startup Evera Cabs to deploy 4,000 BluSmart cars on its platform

Business Standard

Earlier this year, commercial driver management platform Signodrive Technologies leased the fleet of 4,000 vehicles from Gensol Engineering under an insolvency resolution process

Promoters pledged 13.40% of shares in last quarter. Total pledge stands at 95.10% of promoter holdings

Gensol Engineering Ltd.

05 Aug 2025

26.70

-0.52%

NCLAT allows Gensol lessor to retain vehicles taken before insolvency

Business Standard

Tribunal permits SMAS Auto Leasing to keep possession of 152 e-vehicles taken before Gensol Engineering's insolvency; hearing on remaining vehicles on August 28

Promoters have decreased holdings from 62.65% to 35.87% in Mar 2025 qtr

Gensol Engineering Ltd.

22 Jul 2025

26.70

-0.52%

No Further Provisioning Expected For Gensol Engineering: Ireda CMD Pradip Das On Asset Quality In Q1FY26

NDTV Profit

Ireda has done 60% provisioning for Gensol in the current quarter and does not expect further provisioning for the account.

Gensol Engineering has lost -34.96% in the last 3 Months

Gensol Engineering Ltd.

02 Jul 2025

26.70

-0.52%

Is the worst over for BluSmart cab parent company Gensol Engineering stock?

Business Standard

Gensol Engineering stock hit the 5% upper circuit for second straight trading session today; this comes after stock crashed nearly 95% in the last 5 months. Here's a technical outlook on Gensol.

Gensol Engineering has lost -45.67% in the last 6 Months

Gensol Engineering Ltd.

13 Jun 2025

26.70

-0.52%

Gensol Engineering admitted to insolvency by NCLT on Ireda petition

Business Standard

The Ahmedabad NCLT has admitted Gensol Engineering to insolvency proceedings after a petition by Ireda

Gensol Engineering has lost -34.96% in the last 3 Months

Gensol Engineering Ltd.

04 Jun 2025

26.70

-0.52%

NCLAT refuses to lift asset freeze on Gensol Engineering, related firms

Business Standard

NCLAT directs Gensol Engineering and related entities to approach the NCLT for relief after denying plea to lift freeze on assets, accounts, and lockers amid fraud probe

Promoters pledged 13.40% of shares in last quarter. Total pledge stands at 95.10% of promoter holdings

Gensol Engineering Ltd.

03 Jun 2025, 07:48PM

26.70

-0.52%

Gensol, BluSmart face insolvency heat as NCLT issues fresh notices

Business Standard

Last week, NCLT also allowed the Centre to freeze the bank accounts and lockers of Gensol Engineering Ltd and many of its subsidiaries after investigations revealed major financial irregularities

Gensol Engineering has lost -34.96% in the last 3 Months

Gensol Engineering Ltd.

29 May 2025

26.70

-0.52%

NCLT allows govt to freeze Gensol Engineering accounts in fraud probe

Business Standard

NCLT says Gensol moved funds meant for specific purposes to related parties, violating corporate governance norms under the Companies Act, 2013

Gensol Engineering has lost -96.45% in the last 1 Year

Gensol Engineering Promoters Barred From Asset Transfer By Debt Recovery Tribunal

NDTV Profit | 28 May 2025

Gensol Engineering Ltd.

20 May 2025

26.70

-0.52%

MCA aims to complete Gensol Engineering probe in three to five months

Business Standard

Authorities including NFRA and ICAI are examining Gensol's books and audit trail; SFIO probe likely if MCA finds sufficient evidence of fund diversion

Gensol Engineering has lost -96.45% in the last 1 Year

Corp Affairs Min aims to finish probe into Gensol, related cos in 3-5 mnths

Business Standard | 20 May 2025

Gensol Engineering Ltd.

17 May 2025

26.70

-0.52%

Gensol CFO resigns amid regulatory probes, cites data disarray, chaos

Business Standard

Days after the resignation of Gensol promoters, Chief Financial Officer (CFO) Jabirmahendi Mohammedraza Aga has also quit the crisis-hit company with immediate effect. In his resignation letter, available on stock exchanges, Aga said Gensol Engineering is currently facing significant challenges, with multiple regulatory bodies conducting investigations and the top management resigning from their respective roles. Furthermore, the disorganization of critical data across various departments is hindering the company's ability to effectively respond to the ongoing inquiries due to lack of a cohesive support system, Aga said. "The immense pressure resulting from these circumstances is adversely affecting my physical and mental well-being, leading to a complete loss of focus on my responsibilities. Therefore, I have made the difficult decision to resign, believing it to be in the best interest of the company under these trying conditions," he said. According to an exchange filing on May

Promoters pledged 13.40% of shares in last quarter. Total pledge stands at 95.10% of promoter holdings

Jabirmahendi Mohammedraza Aga resigns as CFO

Business Line | 17 May 2025 2 more

VOTE: Is Gensol Engineering Ltd. worth buying?

334 Votes:

Buy 69.46%

Sell 22.46%

Hold 8.08%

Near 52W Low of ₹25.80

Gensol Engineering News and Updates

Keep track of all breaking news on Gensol Engineering from all sources in a single place.