Gensol EV Lease Limited, subsidiary of M/s Gensol Engineering Limited. The Company has filed an application under Section 7 of Insolvency and Bankruptcy. Code, 2016 on May 15, 2025 against M/s Gensol EV Lease Limited which is a subsidiary of M/s Gensol.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
Watch next
Fact
Admission or rejection of the application by the tribunal
Chandigarh Bench, claiming an alleged amount of INR 1,12,45,400/-.
Why it matters
CapitSignal interpretation
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
Watch next
Fact
Admission or rejection of the application by the tribunal
Company”) and others for acquiring 100% of the equity capital in the Target Company in 2 (two) tranches (i.e. The Company has completed the acquisition of tranche 2 shares today, i.e. 51% (fifty one percent) of the equity share capital of the Target Company, for a consideration of INR.
Why it matters
CapitSignal interpretation
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
Qualified Institutional Placement. Regulations, for the Equity Shares to be allotted to the eligible qualified institutional buyers. The confirmation of allocation note to be sent to the eligible qualified institutional buyers.
Why it matters
CapitSignal interpretation
A qualified institutional placement issues new shares, so existing holders own a smaller share of the same company unless the proceeds earn more than the dilution costs.
A qualified institutional placement issues new shares, so existing holders own a smaller share of the same company unless the proceeds earn more than the dilution costs.
What happened
Fact
Qualified Institutional Placement. Regulations, for the Equity Shares to be allotted to the eligible qualified institutional buyers. The confirmation of allocation note to be sent to the eligible qualified institutional buyers.
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What happened
Fact
Company”) and others for acquiring 100% of the equity capital in the Target Company in 2 (two) tranches (i.e. The Company has completed the acquisition of tranche 2 shares today, i.e. 51% (fifty one percent) of the equity share capital of the Target Company, for a consideration of INR.
Reported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What happened
Fact
#4, BATAVIA CHAMBERS, KUMARAKRUPA ROAD. considered and approved the Unaudited Financial Results for the quarter ended December. Unaudited Consolidated Financial Results for quarter ended December 31,2024.
Reported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What happened
Fact
Audited Standalone Financial Results of the Company for the quarter and financial year ended. The Audited Standalone Financial Results of the Company for the quarter and financial year ended. Company, on the Audited Financial Results for the quarter and financial year ended March 31, 2025.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What happened
Fact
Gensol EV Lease Limited, subsidiary of M/s Gensol Engineering Limited. The Company has filed an application under Section 7 of Insolvency and Bankruptcy. Code, 2016 on May 15, 2025 against M/s Gensol EV Lease Limited which is a subsidiary of M/s Gensol.
A dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
What happened
Fact
Final Dividend for the financial year 2024-25. To the Interim Dividend of INR 33/- per equity share, declared during the Financial Year 2024. The Final Dividend, if approved by the shareholders in the forthcoming Annual General Meeting.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What happened
Fact
Chandigarh Bench, claiming an alleged amount of INR 1,12,45,400/-.
Litigation creates a contingent liability that is not in reported profit until it crystallises.
What happened
Fact
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. where litigation is filed. Provisional Compensation of Rs. 498.72 Crore will have.
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What happened
Fact
Scheme of Arrangement. Approval of Scheme of Arrangement involving demerger (“Modified Scheme”). Part I: Amalgamation of Kashipur Holding Limited (“KHL”) into the India Glycols.
An order converts to revenue over its execution period, so its size relative to existing revenue decides whether it changes the trajectory or is routine flow.
What happened
Fact
INR 25.34 Crores for 1161 solar water pumping systems. Has received letter of award under PM-Kusum. INR 25.34 Crores for 1161 solar water pumping.
A buyback returns cash by retiring shares, so the benefit to a holder depends on the price paid, how many of their shares are accepted, and what the stub is worth afterwards.
What happened
Fact
representing 1.74 % and 1.73 % of the total fully paid-up equity share capital and free reserves.
Reported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What happened
Fact
Approved the Audited Financial Results for the Fourth Quarter and Financial Year ended 31st. Auditor’s report on Quarterly Financial Results and Year to date financials of the Company.
