Gensol Engineering Limited — Others, 28-04-2025: Action(s) initiated or orders passed

Gensol Engineering has reported a search and seizure operation conducted by the Directorate of Enforcement at its premises in Ahmedabad and Gurgaon. The operation resulted in the seizure of documents, electronic devices, and financial records. While the specifics surrounding any potential violations are linked to the Foreign Exchange Management Act, the company stated that it is currently unable to ascertain any quantifiable financial impact from this action. Investors should remain cautious as this development could introduce uncertainty regarding Gensol's operational stability and future performance.