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1:10 Stock Split: Gensol Engineering declares sub-division - Check Details

Summary
Solar solutions provider Gensol Engineering has announced a stock split amid a continuous fall in share price. According to an exchange filing, the company - which is in the renewable sector - has announced the sub-division of equity shares from the face value of Rs 10 per share to Rs 1 per share. The move is expected to enhance stock liquidity.  Gensol Engineering shares have dropped from the 52-week high of Rs 1,125.75 to Rs 133.20 in the last trading session.  Additionally, a special resolution to issue securities on a preferential basis to the promoter group was also tabled.  Amid this, Gensol Engineering Ltd on Wednesday announced the company has commissioned a ground-mounted solar project in Jharkhand. This 40-acre solar power plant will generate over 15 million units of clean energy annually, offsetting 21,000 metric tonnes of Co₂ emissions every year, Gensol Engineering said in an exchange filing.

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1:10 Stock Split: Gensol Engineering declares sub-division - Check Details

Solar solutions provider Gensol Engineering has announced a stock split amid a continuous fall in share price. According to an exchange filing, the company - which is in the renewable sector - has announced the sub-division of equity shares from the face value of Rs 10 per share to Rs 1 per share. The move is expected to enhance stock liquidity.  Gensol Engineering shares have dropped from the 52-week high of Rs 1,125.75 to Rs 133.20 in the last…

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India TV News broke the news in India on Monday, April 14, 2025.
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