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GENSOL CRISIS
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...- Gensol CFO Jabirmahendi Aga resigns citing investigations, internal disarrayGensol Engineering Limited faces turmoil as CFO Jabirmahendi Mohammedraza Aga resigns, citing intense regulatory scrutiny and internal dysf...
- 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...
- 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...
- 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...
- Delhi HC bars Gensol, BluSmart from creating rights over leased EVs amid financial irregularitiesThe Delhi High Court has barred Gensol Engineering and BluSmart from creating third-party rights over 95 Tata EVs leased by Clime Finance, ...
- Delhi HC appoints receiver to take charge of 95 EVs given to Gensol, BluSmart by Clime FinanceThe Delhi High Court appointed a receiver for 95 electric vehicles. These vehicles were leased to Gensol and BluSmart by Clime Finance. The...
- ED conducts search operations at Gensol Engineering premises; seizes documents, electronic devicesThe search and seizure operation was conducted by ED at the Ahmedabad and Gurgaon premises of the company. Some documents, electronic devic...
- Gensol Engineering shares tumble for 13th day; hit another lower circuit limitGensol Engineering's stock faces a sharp decline, hitting a lower circuit. This comes amid Sebi's investigation into promoters Anmol Singh ...
- 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...
- Gensol Engineering rejects reports linking promoters to ED probe in Mahadev betting app caseGensol Engineering issued a clarification on Thursday, refuting media reports suggesting that its promoters, Anmol Singh Jaggi and Puneet S...
- 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...
- Gensol Engineering shares drop 5%; hit fresh lower circuit levelGensol Engineering's stock prices declined sharply. This followed Sebi's action against Anmol Singh Jaggi and Puneet Singh Jaggi. They are ...
- Next in Gensol crisis; No-go for China in India’s electronicsLenders to Gensol are getting jittery as the company’s troubles compound. This and more in today’s ETtech Top 5.
- Gensol Engineering shares tumble 5%; hit another lower circuit limitGensol Engineering shares crashed 5% to new 52-week lows on both BSE and NSE amid allegations of fund diversion by promoters, who have been...
- Who are the Jaggi brothers—and how did Gensol, BluSmart get here?India’s markets regulator Sebi has accused BluSmart founders Anmol and Puneet Singh Jaggi of diverting funds from their listed firm Gensol ...
- Gensol crisis: The finfluencer hype that led to 95% losses for retail investorsDinesh Kumar, like many others, faced significant losses after investing in Gensol Engineering based on social media influencers' advice. T...
- BluSmart begins pullback of ride-hailing operationsBluSmart has started suspending its cab services in certain areas of Delhi-NCR, Bengaluru, and Mumbai as it begins transitioning its fleet ...
- Refex Industries, Gensol Engineering call off EV deal citing evolving commitmentsThe deal involved Refex taking over 2,997 cars owned by Gensol, along with Rs 315 crore in debt. The deal fell through primarily because of...
- ‘Gensol liquidity woes may last 90 days; paring BluSmart ties’Gensol Engineering's liquidity issues are being addressed as its connection with BluSmart is phased out. To stabilize finances, the company...
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