Gensol Engineering shares in focus as board to consider stock split on March 13

Gensol Engineering shares will be in focus after the company announced that its board will consider a stock split at its upcoming meeting on March 13.

“A meeting of Board of Director of the Company will be held on Thursday, March 13, 2025, inter alia; To consider the proposal for alteration in the share capital of the Company by way of sub-division/ split of the existing Equity Shares of the face value Rs. 10/- each, fully paid-up, in such manner as may be determined by the Board of Directors subject to approval of the shareholders of the Company and any regulatory/ statutory approvals, as may be required under applicable law,” the company said in an exchange filing.

The announcement was made by the company after market closing on Friday.


If the board approves a stock split in the upcoming board meeting, this will be the first instance of Gensol Engineering splitting the shares, according to the Trendlyne data.

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Additionally, the company informed that its board will also discuss and approve methods for raising funds through equity shares, foreign currency convertible bonds, or other financial instruments, which will be subject to regulatory and shareholder approvals.

In another exchange filing, Gensol Engineering’s promoters announced that they have sold 2.37% of the total equity in the company, amounting to 9 lakh shares, to ‘unlock liquidity and reinvest in the business.’

The promoters will also infuse the amount received through this sale or more in the warrant subscription round executed on June 18, 2024, which will provide additional growth capital to the company.

Following this transaction, the promoters now hold a 59.70% stake in the company.

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Gensol Engineering shares performance

On Friday, Gensol Engineering shares closed at Rs 321.2, down 4.2% on the BSE, while the benchmark Sensex declined 0.01%. The stock has declined 66% in the past six months but surged 290% over the last three years. The company’s market capitalization stands at Rs 1,220 crore.

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