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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.

- PRESS TRUST OF INDIA

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.

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