Gensol Engineering shares in focus as NCLT likely orders asset freeze against promotersThe National Company Law Tribunal has ordered the freezing of assets linked to Gensol Engineering and its affiliates following accusations ...
29 May, 2025, 09.07 AM IST
MCA, Sebi discuss probe into Gensol EngineeringSebi chairman Tuhin Kanta Pandey and corporate affairs secretary Deepti Gaur Mukerjee convened to address ongoing investigations into Genso...
27 May, 2025, 12.35 AM IST
Interim relief for Puneet Singh, Gensol for usage of defamatory words against themA Delhi court granted interim relief to Puneet Singh, co-founder of Gensol Engineering and BluSmart, against defamatory statements. The cou...
22 May, 2025, 02.27 PM IST
NFRA probes Gensol's audit books after Sebi flags fraud, ICAI review underwayIndia’s audit regulator, NFRA, has launched a preliminary inquiry into Gensol Engineering’s books after SEBI flagged fraud allegations. The...
21 May, 2025, 05.00 AM 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 to probe books of Gensol, BluSmartThe Institute of Chartered Accountants of India (ICAI) will investigate Gensol Engineering and BluSmart Mobility's FY24 financial statement...
23 Apr, 2025, 11.40 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
BluSmart appoints Grant Thornton for a forensic audit, sources sayBluSmart, an Indian electric cab service, has appointed Grant Thornton for a forensic audit following a regulatory investigation. The probe...
23 Apr, 2025, 06.50 PM IST
Gensol Engineering dues at Rs 307 crore, exploring all action, options, says PFCPower Finance Corporation (PFC) is pursuing action to recover ₹307 crore from Gensol Engineering, which faces scrutiny from SEBI for fund d...
23 Apr, 2025, 06.49 PM 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
Directors and independence: No excuse for corporate fraudFollowing the Gensol fraud, the article highlights the ineffectiveness of current regulatory safeguards due to the lack of genuine independ...
22 Apr, 2025, 10.35 PM IST
Gensol, BluSmart on corporate ministry radar for lapses after Sebi action for 'misutilisation' of fundsThe corporate affairs ministry is considering investigating Gensol Engineering and BluSmart for potential corporate governance violations, ...
21 Apr, 2025, 04.16 PM IST
PFC, IREDA mull legal measures against Gensol to safeguard their loan exposurePower Finance Corp and IREDA are pursuing legal options to protect their ₹977 crore loan exposure to Gensol Engineering after promoters fac...
18 Apr, 2025, 06.51 PM IST
How the Jaggi brothers misled investors and lenders while being cleantech poster boysBluSmart, once celebrated as India's first all-electric ride-hailing service, faces a crisis as promoters Anmol and Puneet Singh Jaggi are ...
18 Apr, 2025, 06.50 PM IST
Anmol Jaggi and Ashneer Grover fund trails see overlapEmbattled Gensol Engineering promoter Anmol Singh Jaggi invested in BharatPe cofounder Ashneer Grover’s startup, according to the market re...
17 Apr, 2025, 06.01 AM IST
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...
16 Apr, 2025, 01.50 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