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Ireda files complaint on Gensol with EoW
Mint New Delhi
|April 26, 2025
State-run Indian Renewable Energy Development Agency (Ireda) has filed a complaint with the Economic Offences Wing (EoW) of the Delhi Police against clean tech firm Gensol Engineering Ltd for alleged submission of falsified documents and dilution of promoters' shares without lenders' approval.
In a regulatory filing on Friday, Ireda also said that following recent developments concerning Gensol and its promoters and associate companies, it has initiated an internal review in accordance with the guidelines of the Reserve Bank of India (RBI) and its own due diligence protocols. Gensol's account is currently under stress but is not classified as a
Dit verhaal komt uit de April 26, 2025-editie van Mint New Delhi.
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