Business

MD of Gensol Engineering increases stake

New Delhi New Delhi: Gensol Engineering has announced that its promoter and managing director Anmol Jaggi has increased his shareholding in the company by purchasing additional shares through open market operations. Anmol Singh Jaggi, one of the promoters, has made further investment in the company through acquisition of 12,000 equity shares of the company through open market operations, which will result in increase of Jaggi’s shareholding, the company said in a regulatory filing on Thursday. Earlier, Jaggi held 80,18,711 equity shares of Gensol Engineering, representing 21.17 per cent of the total shareholding of the company. As of June quarter, the promoter and promoter group entity of Gensol jointly held 62.77 per cent stake, BSE data showed.

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