1, March 7 -- 10 stock split: Gensol Engineering announced on Friday, March 7, that it's board will consider a stock split in the ratio of 1:10 and fundraising via issuance of fresh equity shares. The development comes after the smallcap stock logged a severe rout in the last five sessions, crashing nearly 40 per cent to hit an all-time low of Rs.303 per share earlier today.

Following the announcement of the company's chief financial officer (CFO), Gensol Engineering shares dropped nearly nine per cent today, but quickly reversed losses, spiking 15 per cent from the intraday low to hit Rs.352.95 per share. The company's board will conduct the board meeting on March 13, 2025, to consider the corporate actions.

Gensol Engineering, a leadi...