Gensol Engineering Limited has announced the re-appointment of Jabirmahendi Aga as Chief Financial Officer, succeeding Ankit Jain, who has resigned to pursue other opportunities, as per a regulatory filing on March 6.
The company’s shares were trading at ₹341.70, up by ₹6.90 or 2.06 per cent on the NSE at 10.05 am today, hitting their 52-week low of ₹307.25.
Aga, who brings over 14 years of financial experience, previously served as CFO for the company and will report directly to Chairman and Managing Director Anmol Singh Jaggi.
Jaggi acknowledged that the company is facing financial challenges and expressed confidence in Aga’s ability to navigate through them.
Established in 2012, Gensol Engineering specializes in solar power engineering, procurement, and construction services, with a focus on electric mobility solutions. The company has completed over 770 MW of solar projects in India and is among the top 10 EPC players in the country.
In addition to its core solar business, Gensol Engineering has expanded into battery energy storage systems and green hydrogen production. It also operates in the electric vehicle sector, with manufacturing facilities in Pune, offering EV leasing solutions to government entities and corporations.
