Gensol Engineering has informed about the recent media articles which have carried Gensol’s name in connection with Zenith Multi Trading DMCC (Zenith). The Investor Release issued by Gensol clarifies that Zenith, a passive shareholder since September 2022, holds less than 1.5% in Gensol and holds neither decision-making rights nor any involvement in the business and operational strategies of the company.
The above information is a part of company’s filings submitted to BSE.