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GENSOL ELECTRIC VEHICLES
Electric cab startup Evera in talks with Gensol to lease 1,000 carsGensol had initially considered selling the cars. But Evera has proposed leasing them instead. The IRP, Keshav Khaneja, along with the CoC,...- Gensol CFO resigns, days after exit of promotersIn his resignation letter, available on stock exchanges, Aga said Gensol Engineering is currently facing significant challenges, with multi...
- Ireda files insolvency plea against Gensol over Rs 510 crore defaultIndian Renewable Energy Development Agency (Ireda) has initiated insolvency proceedings against Gensol Engineering due to a default of Rs 5...
- Delhi HC halts Gensol & BluSmart 3rd party claims on 220 EVsThe Delhi High Court has further restricted Gensol Engineering and BluSmart Mobility from creating third-party rights over 220 additional E...
- Delhi HC curbs Gensol, BluSmart from creating third-party rights over 220 EVs leased to SMAS Auto, Shefasteq OPCSMAS Auto had leased 164 EVs to Gensol and 46 to BluSmart, while Shefasteq had leased 10. Justice Jyoti Singh refused to direct repossessio...
- Delhi HC bars Gensol, BluSmart from creating rights over leased EVs amid financial irregularitiesThe Delhi High Court has barred Gensol Engineering and BluSmart from creating third-party rights over 95 Tata EVs leased by Clime Finance, ...
- Delhi HC appoints receiver to take charge of 95 EVs given to Gensol, BluSmart by Clime FinanceThe Delhi High Court appointed a receiver for 95 electric vehicles. These vehicles were leased to Gensol and BluSmart by Clime Finance. The...
- PFC shares drop over 3% on disclosure of Rs 307 crore pending dues from Gensol EngineeringPower Finance Corporation (PFC) shares declined after disclosing a Rs 307 crore outstanding exposure to Gensol Engineering, which had recei...
- Sebi finds no manufacturing at Gensol's Pune EV plant, only 2-3 labourersDuring a site visit to Gensol's EV plant at Chakan in Pune. on April 9, an NSE official found only 2-3 labourers present, the Sebi interim ...
- PFC, IREDA mull legal measures against Gensol to safeguard their loan exposurePower Finance Corp and IREDA are pursuing legal options to protect their ₹977 crore loan exposure to Gensol Engineering after promoters fac...
- Gensol Engineering shares fall another 5%, stock nosedives 90% from peakGensol Engineering shares hit a fresh 52-week low, down 90% from peak, after Sebi barred its promoters for financial misconduct and governa...
- Sebi bars Gensol promoters from securities marketLast year in June, Sebi received a complaint relating to manipulation of share price and diversion of funds from Gensol Engineering, follow...
- Gensol promoter Anmol Jaggi invested in Ashneer Grover's startup using diverted funds: Sebi interim orderAn order issued by market regulator Securities and Exchange Board of India (Sebi) on Tuesday detailed various examples of diverting funds t...
- ‘Gensol liquidity woes may last 90 days; paring BluSmart ties’Gensol Engineering's liquidity issues are being addressed as its connection with BluSmart is phased out. To stabilize finances, the company...
- Delhi High Court refuses to restrain Mahindra from selling e-ZEOThe Delhi High Court denied Gensol Electric Vehicles' plea to stop Mahindra & Mahindra's subsidiary from selling its electric commercial ve...
- Gensol-Matrix Gas consortium wins hydrogen electrolyser manufacturing project under PLIGensol Engineering, in partnership with Matrix Gas, secures PLI project to manufacture hydrogen electrolyser, supporting India's Green Hydr...
- Gensol teases Made in India electric car, coming next yearGensol EV has also shared some specifications of the upcoming electric car. It claims to have a range of 200 km and a top speed of 80 kmph....
- Gensol Engineering to manufacture electric reverse trikeThe vehicles with two wheels in the front and one in the back will be produced at a 30,000-unit-a-year facility at Chakan, Maharashtra
- Gensol Engineering bags Rs 302-cr contract from MahagencoGensol Engineering Ltd has won "bid for the conceptualisation, engineering, provisioning, installation, testing, and commissioning of a sta...
- Gensol Engineering secures order to lease over 500 electric cargo vehiclesGensol Engineering Ltd has received an order worth Rs 75 crore to lease 500 electric cargo vehicles from a logistics firm. The order was se...
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