IREDA: DECLARATION OF FRAUD TO M/S GENSOL ENGINEERING LIMITED AND M/S GENSOL EV LEASE LIMITED

• Accounts/borrowers declared as fraud and reported to RBI as per regulatory requirement • M/s. Gensol Engineering Limited: Misappropriation and Criminal Breach of Trust; Forgery with the intention to commit fraud by making false documents and/or electronic records • M/s. Gensol EV Lease Limited: Misappropriation and Criminal Breach of Trust • Amount Outstanding for Gensol Engineering Limited: ₹453.77 Cr • Amount Outstanding for Gensol EV Lease Limited: ₹218.97 Cr • Provision held as on 31.03.2026 for both: 85%

Indian Renewable Energy Development Agency Ltd

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