Gensol Engineering: Catalyst Trusteeship Sells 2.03% Stake Through Pledged Share Sale

Catalyst Trusteeship Sells Gensol Engineering Shares After Pledge Invocation

Catalyst Trusteeship Limited has disclosed the sale of equity shares of Gensol Engineering Limited following the invocation of pledged shares. The disclosure was submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The transactions involved 7,79,204 equity shares, representing 2.03% of Gensol Engineering's total share capital. The sales took place across multiple dates between September 28 and October 6, 2026.

The shares were originally pledged by Gensol Ventures Private Limited. Catalyst Trusteeship Limited acted as the security trustee for the benefit of Power Finance Corporation Limited.

Gensol Engineering Shareholding Impact

Before the sale, Catalyst Trusteeship Limited held 25,65,972 shares acquired through the invocation of the pledge, representing 6.67% of Gensol Engineering's total share capital.

Following the disposal of 7,79,204 shares, the trustee's remaining holding declined to 17,86,768 shares, equivalent to 4.64% of the company's total share capital.

The disclosure records the transaction as a sale of equity shares following the invocation of pledged shares. Gensol Engineering's disclosed equity share capital remained unchanged at 3,84,46,368 shares of Rs.10 each before and after the transaction.

The sale reflects a reduction in the trustee's shareholding arising from the invoked pledge originally provided by Gensol Ventures Private Limited.

Gensol Engineering Pledged Share Sale Highlights

• Company: Gensol Engineering Limited.
• Disclosing Entity/Security Trustee: Catalyst Trusteeship Limited.
• Pledgor: Gensol Ventures Private Limited.
• Lender: Power Finance Corporation Limited.
• Transaction: Sale of equity shares following invocation of pledged shares.
• Shares Sold: 7,79,204 equity shares.
• Stake Sold: 2.03% of the total share capital.
• Pre-Transaction Holding: 25,65,972 shares, representing 6.67%.
• Post-Transaction Holding: 17,86,768 shares, representing 4.64%.
• Transaction Period: September 28 to October 6, 2026.
• Disclosure Date: October 8, 2026.
• Regulation: Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
• Equity Share Capital: 3,84,46,368 shares of Rs.10 each.

What to Watch Next

• Investors may monitor subsequent stock exchange disclosures concerning Gensol Engineering's shareholding structure and any further transactions involving pledged shares.
• Further filings may provide updates on holdings associated with invoked pledges, including additional sales by trustees acting on behalf of lenders.
• Investors may also track disclosures from Gensol Engineering and relevant stakeholders for developments concerning pledged shares, promoter-group holdings and the company's capital structure.