Pursuant to the Regulation 30 of the SEBI (LODR) Regulation 2015 (‘SEBI Listing Regulations’), Gensol Engineering has informed that the exchange (BSE) consented to listing 1,09,36,923 Equity Shares of the company from BSE SME Platform to Main Board of BSE vide In-Principle approval letter no. LO/Migration/SC/IP/84/2022-23 dated June 10, 2022. As a consequence, the company will be able to unlock more value for the shareholders by unleashing it shares towards larger public reach, since the lot size restrictions will be eliminated. This will lead to more wealth creation for shareholders, apart from opening a gateway of liquidity for the company, as evident from the statistics available with the BSE.
The above information is a part of company’s filings submitted to BSE.
