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FINANCIAL MISCONDUCT GENSOL
Delhi High Court orders Gensol to hand over remaining EVs to Smas AutoThe Delhi High Court has directed Gensol Engineering's resolution professional to hand over remaining electric vehicles to Smas Auto Leasin...- 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...
- 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 ...
- 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 Engineering shares hit 5% upper circuit for 4th day amid ongoing turmoilGensol Engineering's shares have surprisingly rallied despite facing significant regulatory and financial turmoil. The surge occurs amidst ...
- 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, ...
- Delhi HC halts Gensol & BluSmart 3rd party claims on 220 EVsThe Delhi High Court has further restricted Gensol Engineering and BluSmart Mobility from creating third-party rights over 220 additional E...
- Delhi HC curbs Gensol, BluSmart from creating third-party rights over 220 EVs leased to SMAS Auto, Shefasteq OPCSMAS Auto had leased 164 EVs to Gensol and 46 to BluSmart, while Shefasteq had leased 10. Justice Jyoti Singh refused to direct repossessio...
- 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 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...
- 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...
- 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...
- 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...
- 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 ...
- 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...
- Two more independent directors resign from Gensol EngineeringGensol Engineering faces a corporate governance crisis as independent directors Harsh Singh and Kuljit Singh Popli resigned following promo...
- Gensol promoters Anmol Singh, Puneet Singh Jaggi step down after Sebi order; co denies talk of merger or saleAnmol Singh Jaggi and Puneet Singh Jaggi, promoters of Gensol Engineering, have resigned. This follows a Sebi order that barred them from t...
- Gensol Engineering shares fall another 5%, stock nosedives 90% from peakGensol Engineering shares hit a fresh 52-week low, down 90% from peak, after Sebi barred its promoters for financial misconduct and governa...
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