Gensol CFO resigns, days after exit of promoters

Days after the resignation of Gensol promoters, chief financial officer (CFO) Jabirmahendi Mohammedraza Aga has also quit the crisis-hit company with immediate effect. In his resignation letter, available on stock exchanges, Aga said Gensol Engineering is currently facing significant challenges, with multiple regulatory bodies conducting investigations and the top management resigning from their respective roles.

Furthermore, the disorganization of critical data across various departments is hindering the company’s ability to effectively respond to…