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Gensol Engineering gets nod to pick up majority stake in Gensol Electric Vehicles

22 Aug 2022 Evaluate

Gensol Engineering has received approval to acquire majority stake in Gensol Electric Vehicles which would further acquire technical and business know-how, patents, trademark and brand name related to electric vehicles from US based company. The board of director of the company at their meeting held on August 19, 2022 has approved the same.

Gensol Engineering is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across many countries, including India.

Peers
Company Name CMP
Larsen & Toubro 3847.50
Kalpataru Projects 1387.95
NCC 132.20
Rail Vikas Nigam 205.15
KEC International 395.30
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