Gensol Engineering Ltd Clarifies Promoter Warrant Pricing at 113% Premium

Gensol Engineering Ltd has issued a clarification on the pricing of promoter warrants. The warrants are priced at ¥56 per share of 1 face value, equivalent to ¥560 per share of ¥10 face value, considering the 10:1 stock split approved by the Board. This pricing represents a 113% premium over the current market price of ¥262 per share (10 face value adjusted). This move underscores the promoters' strong confidence in the company’s future growth and value creation potential.