The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd

Pledge InvokedOwnership Changes View source PDF Explain this filing

GENSOL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹50.39

prior close

₹49.38

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.7% vs market

Other Electrical Equipment peers, median of 39sector-1.3%-0.7% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 0.7 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0-0.3-1.7-1.3-0.7

Next day

-4.0-0.0-3.9-1.4-2.5

-5.9-1.0-4.9-1.8-4.1

-7.8-1.3-6.5-2.7-5.1

-9.6-3.1-6.5-5.2-4.4

-11.5-2.8-8.6-3.1-8.3

-15.0-2.1-12.9-1.5-13.5

15d

+2.0+1.6+0.5-1.3+3.4

+1.8+1.4+0.3-2.9+4.7

—-2.7—-7.1—

-8.7+0.1-8.8+1.9-10.6

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 39Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Power Finance Corporation Ltd (PFC), a government-owned lender, has invoked 25,65,972 equity shares (6.67% of total share capital) of Gensol Engineering Ltd that were pledged by Gensol Ventures Private Limited, a promoter group entity. Catalyst Trusteeship Ltd acted as the security trustee for PFC in this transaction. The invocation took place on June 10, 2025, and the disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations. The total equity share capital of Gensol Engineering stands at 3,84,46,368 shares of Rs 10 each. The acquirer (Catalyst Trusteeship/PFC) does not belong to the promoter group of the company.

Likely market impact

This is a negative signal indicating the promoter entity has defaulted on a loan with PFC, leading to the lender taking control of pledged shares. This could result in a change in the promoter holding of Gensol Engineering and may create further selling pressure or uncertainty around the stock.