| Purpose | Announcement Date | Meeting Date |
|---|---|---|
| EGM | 12 Feb 2024 | 2 Mar 2024 |
| EGM:02.03.2024 Initiation of the Extra-ordinary General meeting of the company to be held on March 2, 2024 (As Per BSE Announcement Dated on 09/02/2024) Submission of Newspaper advertisement of Notice of Extra-ordinary General Meeting and E-voting. (As Per BSE Announcement Dated on 12/02/2024) Corrigendum to the notice dated February 6, 2024 (As Per BSE Announcement dated on 21.02.2024) Outcome of the Extra-ordinary general meeting of the company held on March 02, 2024 Proceeding of EGM held on March 2, 2024 Shareholders Meeting held on March 2, 2024 Voting result Pursunat to regulation 44 of LODR Regulation, 2015 (As Per BSE Announcement Dated on 02.03.2024) | ||
The transaction comprises two tranches, in which exclusive global IP rights pertaining to Scorpius Trackers advanced solar tracking technology are transferred.
Gensol’s role will cover the complete project lifecycle, including land acquisition, design, engineering, procurement, logistics, and construction.
Gensol Engineering stocks has witnessed a 9.52% dip in the last one year, and 7.5% dip since the beginning of the year.
The companies were chosen as the top bidders in a competitive tender on both technical and commercial grounds.
The project is estimated to be worth ₹164 Crore and is slated for completion within 18 months, aligning with the goals of the National Green Hydrogen Mission.
Here are some of the stocks that may see significant price movement today: Medi Assist, Matrimony.com, Welspun Corp, etc.
The project includes engineering, design, procurement, installation, testing, and commissioning of a solar plant with a fixed tilt module mounting structure and the remaining balance of the system.
Gensol Engineering reported an almost threefold increase in total net profit to ₹20 Crore during the March 2024 quarter.
Here are some of the stocks that may see significant price movement today: Power Mech Projects, Indus Towers, Gensol Engineering, etc.
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