Company Update Gensol Engineering Ltd - 542851 - Gensol Engineering Acquires Solar Trackers-Specialist Scorpius Trackers For ?1.35 Billion BSE India Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we would like to inform you that the Company has, in the month of March 2023, has fully acquired Scorpius Trackers Pvt Ltd., which is one of India's largest providers of single-axis solar tracker solutions. This acquisition strengthens Gensol Engineering''s position as a leading provider of end-to-end renewable energy solutions and is a part of its strategy to expand its portfolio by spreading wings across new geographies. With this strategic addition, it is estimated that the combined revenue of Gensol Solar division will reach ? 23bn in FY24. We request you to take the above information on your records and disseminate the same on your respective websites. Further in this regard, an Investor Release issued by the Company is enclosed herewith for the information of the exchanges.