TAG: "Gensol Group "

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Gensol Engineering Approves INR 600 Cr Fund-Raising Initiative to Boost Growth and Financial Standing

This initiative, combined with the company’s ongoing divestments, including the sale of vehicles and the sale of a subsidiary, is expected to significantly improve Gensol’s debt- equity ratio, positioning it for long-term financial strength and resilience.

Gensol Group | March 13, 2025 | By News Bureau | 945

Gensol Engineering Limited Re-Appoints Jabirmahendi Aga as its New CFO

Gensol Engineering Limited announced the re-appointment of Jabirmahendi Aga as its new Chief Financial Officer (CFO), effective immediately. He succeeds Ankit Jain, who has decided to pursue other opportunities.

Gensol Group | March 07, 2025 | By News Bureau | 579

Gensol Engineering Signs INR 350 Crore Deal for Scorpius Trackers Sale and IP Transfer

Gensol Engineering Limited has signed a non-binding Term Sheet for an INR 350 crore strategic transaction involving the sale of its US subsidiary, Scorpius Trackers Inc., to a major Renewable Energy Solutions provider in the US.

Gensol Group | February 25, 2025 | By News Bureau | 497

Gensol Electric Vehicles Bags 30,000 Pre-Orders at Bharat Mobility Expo 2025

The company announced 30,000 pre-orders received for EZIO and EZIBOT from existing fleet operators, highlighting the strong market demand and trust in its innovative mobility solutions.

Gensol Group | January 28, 2025 | By News Bureau | 490

Maharashtra Govt Signs 54 MoUs Worth INR 15.70 Lakh Cr at World Economic Forum, Davos

Maharashtra government has inked 54 MoUs worth INR 15.70 lakh crore at the World Economic Forum (WEF) in Davos, spanning sectors like defence, renewable energy, EVs, infrastructure, and electronics. Reliance Group and JSW Group have committed INR 3.05 lakh crore and INR 3 lakh crore, respectively.

Gensol Group | January 23, 2025 | By Mrinmoy Dey | 1309

Maharashtra Govt Signs 31 MoUs Worth INR 6.25 Lakh Cr at World Economic Forum, Davos

Maharashtra government has inked 31 MoUs worth INR 6.25 lakh crore on the first day of the World Economic Forum (WEF) in Davos, spanning sectors like defence, renewable energy, EVs, infrastructure, and electronics.

Gensol Group | January 22, 2025 | By Mrinmoy Dey | 678

Gensol Engineering Appoints Ankit Jain as CFO

Gensol Engineering Ltd. has appointed Ankit Jain as Chief Financial Officer. With over 20 years of experience, Jain will lead the company’s financial strategies, supporting its growth in renewable energy and electric mobility sectors.

Gensol Group | October 07, 2024 | By EI News Network | 1157

Gensol Engineering Reports Stellar Q4 Performance with Tripled Net Profit

In Q4 of the financial year 2024, Gensol Engineering Ltd. experienced a 310 percent surge in its consolidated net profit compared to the same period last year, as indicated by the company's quarterly earnings report release.

Gensol Group | May 29, 2024 | By News Bureau | 1351

Gensol Engineering Gets GUVNL’s 70 MW BESS Project Worth INR 450 Crore

The project will be developed by Gensol under a Tariff-Based Global Competitive Bidding model to provide energy storage capacity to Gujarat Urja Vikas Nigam Limited (GUVNL) in Gujarat on-demand basis.

Gensol Group | March 11, 2024 | By News Bureau | 1442

Gensol Group Appoints Ravindra Goyal Group as Chief Procurement Officer

He will work closely with the entity-level leadership team to build capability for bulk & efficient procurement for timely completion of projects with optimized cost and requisite quality, overall process development and digitalization of SCM activities.

Gensol Group | February 08, 2024 | By News Bureau | 1441