By Debdeep Gupta | 11 Jul, 2025
IREDA shares tank 6% as Q1 profit slumps 36% as bad loans surge; Gensol exposure in focus
Shares of Indian Renewable Energy Development Agency (IREDA) slipped 6 percent to Rs 160 in morning trade on July 11 after its asset quality took a sharp hit in the June quarter, overshadowing strong loan growth and denting investor sentiment. The state-run lender reported a 35.7 percent year-on-year drop in net profit to Rs 247 crore, largely due to a rise in bad loans.Gross non-performing assets...
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amateurinvestor1 2025-05-29 15:40:42
The Ahmedabad bench of the NCLT has launched proceedings against Gensol Engineering, along with its promoters and affiliated entities, over accusations of corporate fraud and lapses in governance.
Login & Reply Like(0) Dislike(0) Repost SpamArvind01 2025-05-15 19:50:00
IREDA submitted an insolvency petition against Gensol Engineering over a loan default of ₹510 crore.
Login & Reply Like(0) Dislike(0) Repost SpamNEXT_LEVEL 2025-05-13 11:08:54
The company announced that Managing Director Anmol Singh Jaggi and Whole-time Director Puneet Singh Jaggi have stepped down, nearly a month after the market regulator SEBI prohibited them from holding senior roles within the organization.
Login & Reply Like(0) Dislike(0) Repost Spamblogist01 2025-05-08 14:00:14
The Securities Appellate Tribunal (SAT) has declined to grant interim relief to Gensol Engineering, which was under scrutiny for alleged fund diversion.
Login & Reply Like(0) Dislike(0) Repost SpamOptionsTrade 2025-04-21 12:06:05
The Ministry of Corporate Affairs has initiated a suo moto inquiry into Gensol Engineering. As part of this, the company’s regulatory filings and financial accounts will be reviewed.
Login & Reply Like(0) Dislike(0) Repost SpamArvind01 2025-04-16 11:41:18
The capital markets regulator, SEBI, has issued an interim order against Gensol Engineering and its promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, following findings of financial mismanagement and diversion of funds.
Login & Reply Like(0) Dislike(0) Repost SpamArvind01 2025-04-05 11:54:32
it will go down on Monday and lower circuit upto 120.
Login & Reply Like(0) Dislike(0) Repost Spamanbillion 2025-03-11 09:04:54
Board to discuss a stock split on March 13. Promoters sell a 2.37% stake for liquidity.
Login & Reply Like(0) Dislike(0) Repost Spam