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Acquisitions12 Jun 2025, 02:19 pm

Power Finance Corporation Acquires 6.67% Stake in Gensol Engineering Limited Through Catalyst Trusteeship Limited

AI Summary

Power Finance Corporation Limited, through Catalyst Trusteeship Limited, has acquired a 6.67% stake in Gensol Engineering Limited. This acquisition was made through the invocation of equity shares held by Gensol Ventures Private Limited as a security trustee on behalf of Power Finance Corporation Limited. The total number of shares acquired is 25,65,972, which is equivalent to 6.67% of the total share capital and total voting capital of Gensol Engineering Limited, both before and after the acquisition.

Key Highlights

  • Power Finance Corporation Limited acquires 6.67% stake in Gensol Engineering Limited
  • Acquisition made through Catalyst Trusteeship Limited
  • Invocation of equity shares held by Gensol Ventures Private Limited
  • Total shares acquired: 25,65,972
  • Equivalent to 6.67% of Gensol Engineering Limited's total share and voting capital