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Gensol Engineering Limited ( (IN:GENSOL) ) just unveiled an announcement.
Gensol Engineering Limited has issued promoter warrants at a price of ₹56 per share with a face value of ₹1, equivalent to ₹560 per share with a face value of ₹10, following a 10:1 stock split approved by the Board. This pricing reflects a 113% premium over the current market price of ₹262 per share, indicating strong confidence from the promoters in the company’s future growth and value creation potential, and aligns with their commitment to transparency with stakeholders.
More about Gensol Engineering Limited
YTD Price Performance: -66.14%
Average Trading Volume: 47,289
For a thorough assessment of GENSOL stock, go to TipRanks’ Stock Analysis page.