Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Gensol Engineering has informed that the Company has executed Memorandum of Understanding with the State Government of Gujarat for an investment of INR 2,000 Crore for Electric Vehicle Manufacturing. It will generate around 1,500 jobs in the region. Further in this regard an Investor Release issued by the Company is enclosed.
The above information is a part of company’s filings submitted to BSE.
