Gensol Engineering Ltd board approves migration of SME platform to mainboard

The Board of Directors of Gensol Engineering Limited at its meeting held today, i.e. February 08, 2022 has, considered and approved the Migration from BSE SME Platform to the main board of the BSE Limited for listing of 1,09,36,923 equity shares of the company and listing of 1,09,36,923 equity shares of the company to the National Stock Exchange of India Ltd.

The board also approved increasing the borrowing limit of the company upto INR 500.00 (Indian Rupees Five Hundred) Crores and increasing the limit of the company for loan and investments upto INR 500.00 (Indian Rupees Five Hundred) Crores.

Shares of Gensol Engineering Ltd was last trading in BSE at Rs. 175.75 as compared to the previous close of Rs. 172.30. The total number of shares traded during the day was 121296 in over 55 trades.

The stock hit an intraday high of Rs. 180.90 and intraday low of 171.75. The net turnover during the day was Rs. 21337881.00.

Source : Equity Bulls

Keywords

GensolEngineering INE06H201014 SMEPlatform Migration Mainboard NSEListing