A luxury flat in Gurugram, an ultra-expensive golf set, luxury purchases from Titan and large fund transfers to family members...
This is how #Gensol leadership used the funds they raised to invest in company, as per SEBI.
Here's how they made it happen👇
Decoding Gensol's Balance Sheet
Revenue rose from Rs 61 cr in FY 2017 to Rs 1,152 cr in FY 2024. Share price plunged from Rs 1,126 to Rs 133, shrinking market cap from Rs 4,300 crore to Rs 506 crore.
Meanwhile, promoter holding dropped from over 70% to slightly above 30%
Age of abundant liquidity is coming to a close, says Michael Patra, deputy governor, RBI. Alongside, the #RussiaUkraineConflict is adding to turbulence.
#UttarPradesh has given India a number of prime ministers, but this is the first instance that a U.P. chief minister serving for full five years has been re-elected, says Prime Minister Narendra Modi.
People used to tire out making endless rounds of government offices, even offer money, to get access to basic needs like electricity, water, gas, telephone connectivity, says Prime Minister Modi. #ElectionResults