Gensol Engineering Limited — Others, 05-05-2025: News Verification

Gensol Engineering is addressing a Delhi High Court interim order restricting transfer of EVs leased from Orix to third parties. The order was passed without Gensol’s input. The company has completed lease payments for 37 of the 175 vehicles leased and is consulting legal advisors to explore options. This legal situation is ongoing, with Gensol actively protecting its interests and keeping shareholders updated on key developments.