Gensol Engineering Limited announced on May 14, 2025, that the Hon'ble Securities Appellate Tribunal (SAT) has disposed of the company's appeal against an ex-parte interim order issued by SEBI on April 15, 2025.

• The SAT order, uploaded on May 9, 2025, grants Gensol Engineering an opportunity to file its response to SEBI's interim order within two weeks.
• Following this, SEBI has been directed to hear the company within two weeks and pass an appropriate order within four weeks thereafter.
• The Hon'ble Appellate Tribunal made no observations on SEBI's interim order.
• The company stated that the delay in preparing and finalizing this disclosure occurred due to a vacancy in the office of the Compliance Officer and a lack of appropriate numbers of directors and Key Managerial Personnel.
• Gensol Engineering is currently seeking legal assistance from its advisors and counsels to prepare its response to the SEBI interim order.
• The quantifiable financial impact on the company due to this matter cannot be ascertained at this time.