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BluSmart blames founders for fraud, says staff unpaid for 4 months: 'Don't expect wallet refund, no point in messaging on social media'Electric mobility startup BluSmart has ceased operations since February 2025, leaving employees unpaid for four months. The company cited f...- Sebi confirms Gensol fraud, finds promoters diverted funds, falsified recordsSecurities and Exchange Board of India (Sebi) on Monday passed a confirmatory order against Gensol Engineering and its promoter-directors A...
- Sebi confirms ban on Gensol, Jaggi brothers in fund diversion caseThe regulator said Jaggi brothers, also cofounders of EV ride-hailing firm BluSmart Mobikity, would continue to be debarred from holding th...
- NCLT directs insolvency against Gensol, Gensol EV Lease; appoints IRPThe National Company Law Tribunal has initiated insolvency proceedings against Gensol Engineering and Gensol EV Lease following petitions f...
- Gensol CFO resigns, days after exit of promotersIn his resignation letter, available on stock exchanges, Aga said Gensol Engineering is currently facing significant challenges, with multi...
- Gensol Engineering shares hit 5% upper circuit for 3rd day. Here's whyGensol Engineering shares hit the 5% upper circuit for the third straight session after the resignation of its MD and Whole-time Director, ...
- 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 ...
- Ireda files insolvency plea against Gensol over Rs 510 crore defaultIndian Renewable Energy Development Agency (Ireda) has initiated insolvency proceedings against Gensol Engineering due to a default of Rs 5...
- Gensol Engineering shares in focus after founders Anmol and Puneet Singh Jaggi resignGensol Engineering’s top executives Anmol and Puneet Jaggi resigned following Sebi’s interim order over alleged fund diversion and corporat...
- Gensol founders Anmol Singh Jaggi and Puneet Singh Jaggi resignGensol Engineering's Managing Director Anmol Singh Jaggi and Whole-time Director Puneet Singh Jaggi have resigned, effective May 12, follow...
- Gensol promoters, Anmol and Puneet Singh Jaggi, detained in a FEMA caseThe Enforcement Directorate raided Gensol Engineering Ltd, detaining co-promoter Puneet Singh Jaggi in Delhi, following a SEBI report alleg...
- 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...
- ED searches premises linked to Gensol, quizzes Puneet JaggiThe Enforcement Directorate (ED) has launched searches related to Gensol Engineering, questioning co-founder Puneet Singh Jaggi over allege...
- PFC, IREDA mull sale of Gensol EVs to secure loansPower Finance Corp. and IREDA are considering auctioning Gensol's electric vehicles, acquired through loans, due to concerns over potential...
- 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 ...
- 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 Saga: bright beginnings, dark turns; Jaggi brothers face Sebi actionIn a dramatic turn of events, regulator Sebi, through its interim order on Tuesday, barred the Jaggi brothers from accessing the securities...
- Gensol director Arun Menon resigns amid Sebi crackdownMenon, exiting the Gensol board just as promoters Anmol Jaggi and Puneet Jaggi stepped down due to regulatory action, said his offer to hel...
- Tale of missing funds: How Gensol’s Jaggi brothers siphoned Rs 262 croreA luxury apartment in Gurgaon, a golf set worth several lakhs of rupees, forex purchases, payments to related parties and family members — ...
- Gensol's Jaggi bros saga: Forged letters, Camellias flat, golf set, Dirhams, money to relatives & Ashneer Grover's firmGensol: Brothers Anmol and Puneet Jaggi, once celebrated figures in India's renewable energy sector with Gensol Engineering and BluSmart Mo...
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