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Three Gensol independent directors resign
Financial Express Pune
|April 18, 2025
TWO MORE GENSOL Engineering independent directors — Harsh Singh and Kuljit Singh Popli — have tendered their resignations amid the company facing allegations of misuse of funds, according to a regulatory filing on Thursday.
On Wednesday, Gensol independent director Arun Menon resigned, saying there was growing concern on leveraging its balance sheet to fund capex of other businesses and sustainability of servicing such high debt costs by the company.
This story is from the April 18, 2025 edition of Financial Express Pune.
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