In a filing with the exchanges, IREDA stated: “This is to inform you that the Company (IREDA) has filed an application today, i.e. 14 May 2025, under Section 7 of the Insolvency and Bankruptcy Code, 2016, against M/s Gensol Engineering Limited… for an amount of default of INR 510,00,52,672/-,” the filing read.
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