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HinduBusinessLine

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Gensol shares in lower circuit; co says to work to maintain operational stability

  • Gensol shares closed at ₹123.65 on the BSE, falling from over ₹770-levels seen in January.
  • SEBI issued a detailed order describing how Gensol founders diverted loans for personal use.
  • Gensol had defaulted on loans from Indian Renewable Energy Development Agency and Power Finance Corporation.
  • The company remains focused on maintaining operational stability and performance.

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