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GENSOL ENGINEERING FUNDS
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...
IREDA moves debt recovery tribunal against Gensol entities for over Rs 729 crore defaultIndian Renewable Energy Dev Agency Ltd (IREDA) has initiated legal action against Gensol Engineering Limited and Gensol EV Lease Pvt Ltd, f...
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 resigns, days after exit of promotersIn his resignation letter, available on stock exchanges, Aga said Gensol Engineering is currently facing significant challenges, with multi...
Jaggi brothers resign from Gensol Engineering on Sebi orderGensol Engineering promoters Anmol and Puneet Singh Jaggi have resigned following Sebi’s interim order alleging fund diversion and governan...
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 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...
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 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...
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...
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...
Gensol Engineering shares hit 5% lower circuit after Sebi bars promoters from securities marketGensol Engineering share price: Gensol Engineering's promoters, Anmol and Puneet Jaggi, face SEBI restrictions for alleged financial misman...
Sebi bars Gensol promoters from securities marketLast year in June, Sebi received a complaint relating to manipulation of share price and diversion of funds from Gensol Engineering, follow...
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...
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...
Gensol Engineering shares surge 10% on Rs 900 crore fundraiseGensol Engineering's Board of Directors approved issuing 1.03 crore warrants with a face value of Rs 10 per share, each carrying a right ex...