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Gensol Engineering to Raise ₹6 Billion Via Bonds and Promoter Warrants

The company aims to use the funds to improve its debt-equity ratio

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Renewable energy engineering, procurement and construction company Gensol Engineering has decided to raise ₹6 billion (~$68.9 million) by issuing ₹4 billion (~$45.9 million) worth of foreign currency convertible bonds and ₹2 billion (~$22.9 million) from warrants to promoters.

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