Corporate Affairs Ministry aims to complete probe into Gensol Engineering, related cos in 3-5 monthsThe corporate affairs ministry is set to conclude its investigation into Gensol Engineering and its related entities within three to five m...
20 May, 2025, 01.41 PM IST
ED shares Gensol probe findings with Delhi PoliceEnforcement Directorate shared findings of its FEMA probe against Gensol Engineering promoters with Delhi Police EOW. The agency indicated ...
15 May, 2025, 12.25 AM IST
Gensol Engineering shares slide 5%, extending 20-day rout after SAT denies interim reliefGensol Engineering shares remain under pressure after the SAT denied interim relief against Sebi’s market access ban over alleged fund dive...
08 May, 2025, 09.40 AM IST
Gensol Engineering shares in free-fall for 18th day, hit lower circuit limitShares of crisis-hit Gensol Engineering were beaten down for the 18th straight day on Tuesday and hit a fresh lower circuit limit. The stoc...
06 May, 2025, 02.28 PM IST
MCA orders probe into Gensol, BluSmart for corporate governance violationsAt the centre of the controversy is the alleged misutilisation of term loans availed by Gensol Engineering from state-run Indian Renewable ...
05 May, 2025, 10.54 PM IST
ICAI likely to complete review of Gensol Engg, BluSmart Mobility's fin statements in 6 monthsICAI is set to finalize its review of Gensol Engineering and BluSmart Mobility's financial statements for FY24 within six months, following...
03 May, 2025, 03.32 PM IST
Gensol Engineering shares hit 5% lower circuit as ED raids Ahmedabad, Gurgaon offices over FEMA probeGensol Engineering shares: The agency also issued directives under the Foreign Exchange Management Act (FEMA) and the Income Tax Act, 1961,...
29 Apr, 2025, 09.30 AM IST
NTPC may cancel two contracts of 500 MW awarded to Gensol EngineeringNTPC's renewable energy division is considering terminating contracts with Gensol Engineering for nearly 500 MW of EPC work due to project ...
29 Apr, 2025, 12.37 AM IST
Delhi HC bars Gensol Engineering and BluSmart Mobility from alienating EVs leased from OrixThe Delhi High Court has restrained Gensol Engineering and BluSmart Mobility from alienating 175 electric vehicles leased by Orix, a Japane...
25 Apr, 2025, 07.14 PM IST
Gensol Engineering fall another 5%; drop for 12th dayGensol Engineering's shares plummeted, hitting a lower circuit for the 12th consecutive day amid ongoing crisis. The stock has lost over 44...
25 Apr, 2025, 12.06 PM IST
ICAI to review financial statements of crisis-hit Gensol Engg, BluSmart MobilityICAI will scrutinize the financial statements of Gensol Engineering and BluSmart Mobility for fiscal year 2023-24, prompted by concerns ove...
23 Apr, 2025, 09.48 PM IST
Gensol Engineering promoters' stake more than halves amid Sebi crackdownGensol Engineering's promoters have seen their stake plummet 57% as pledged shares rise amid regulatory scrutiny. Meanwhile, allegations of...
23 Apr, 2025, 11.42 AM IST
PFC, IREDA initiate probe into Gensol Engineering's Rs 663 crore loanPower Finance Corporation and IREDA have launched internal investigations into a ₹663 crore loan to Gensol Engineering for EV purchases lea...
23 Apr, 2025, 12.39 AM IST
Sebi finds no manufacturing at Gensol's Pune EV plant, only 2-3 labourersDuring a site visit to Gensol's EV plant at Chakan in Pune. on April 9, an NSE official found only 2-3 labourers present, the Sebi interim ...
20 Apr, 2025, 05.40 PM IST
More retail investors could buy Gensol Engineering shares? Here's why Sebi cancelled stock splitSebi has put Gensol Engineering's 1:10 stock split on hold, citing financial irregularities and misuse of EV loan funds by promoters, inclu...
15 Apr, 2025, 09.23 PM IST
Inside details: How Gensol promoter bought luxury DLF Camellias apartment in Gurgaon with 'diverted funds'Sebi’s interim order reveals Gensol promoter Anmol Singh Jaggi diverted Rs 97 crore—sourced from company loans and funds—towards buying a l...
15 Apr, 2025, 09.13 PM IST
Sebi cracks down on Gensol Engineering, bars promoters from markets for fund diversionSebi has taken interim action against Gensol Engineering and its promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, due to financial mism...
15 Apr, 2025, 07.06 PM IST