Gensol Engineering Share Price in Focus: Stock Split, Fund Raise and More

On March 7, 2025, Gensol Engineering Limited through an exchange filing announced that it will conduct its Board Meeting on March 13, 2025, to consider and approve the stock split and fundraise via QIP.

Gensol Engineering First Ever Stock Split

The company is considering splitting its existing equity shares of the face value ₹10/- each, fully paid up, in such manner as may be determined by the Board of Directors subject to the approval of the shareholders of the Company and any regulatory/ statutory approvals, as may be required under applicable law

Fund Raise Via QIP

The board will review the proposal to raise funds by issuing equity shares or eligible securities through permissible methods, such as a Qualified Institutional Placement (QIP), preferential issue, Foreign Currency Convertible Bonds (FCCBs), or any other approved methods under the applicable regulations.

Stake Sale by Promoters

The promoters of Gensol Engineering Limited have launched a strategic initiative to strengthen the company’s financial foundation and support its long-term growth through the sale of ~2.37% of the company’s total equity, equating to 9,00,000 shares

By stake, the promoters are seeking to unlock liquidity, which will be reinvested into the business via equity infusion. This move is part of a broader strategy to reinforce the company’s balance sheet and enhance stability.

Following this transaction, the promoters will retain a significant 59.70% stake, reflecting their ongoing dedication to Gensol’s mission of delivering value to all stakeholders while advancing the clean energy transition.

Gensol Engineering Share Price Performance

Gensol Engineering share price continued its 10-day selling streak on March 10, 2025. The share price of Gensol Engineering reached a day low of ₹308.00 at 10:20 AM after opening at ₹313.30. Gensol Engineering shares have cumulatively dropped ~60% in the past 10 sessions and travelled a journey from the high of ₹584.45 to the low of ₹303.00.

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