Gensol Engineering promoter raises stake to 21.20%, acquiring additional shares in open market

Gensol Engineering Limited has informed the stock exchanges that its Promoter and Managing Director, Mr. Anmol Singh Jaggi, has increased his stake in the company by acquiring additional shares through open market operations. Previously, Mr. Jaggi held 80,30,711 equity shares, representing 21.13% of the company’s total shareholding. He has now acquired an additional 26,500 shares, slightly increasing his overall stake.

This acquisition reflects Mr. Jaggi’s confidence in Gensol Engineering’s growth prospects and his commitment to the company’s long-term success. The move is seen as a strategic decision underscoring the promoter’s trust in the company’s promising future.

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Disclaimer: This information is for informational purposes only and should not be considered financial advice. Please consult with a financial advisor for any investment decisions