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GENSOL MONEY DIVERSION
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...
- 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 ...
- Gensol Engineering shares hit 5% lower circuit as ED raids Ahmedabad, Gurgaon offices over FEMA probeGensol Engineering shares: The agency also issued directives under the Foreign Exchange Management Act (FEMA) and the Income Tax Act, 1961,...
- 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 ...
- IREDA says Gensol promoters diluted equity without lender approval, files EoW complaintIREDA has accused Gensol Engineering's promoters of breaching their contract by diluting shareholding without lender approval and filed a c...
- BluSmart allegations will erode investor trust, warns former BSE chairman S RaviFormer BSE chairman S Ravi warned that mishaps like Gensol could shake the confidence of investors in the new ventures and tarnish the cred...
- Nab a Gensol, catch a con: How India Inc’s green dreams turn into grifting nightmaresThe Gensol Engineering fiasco highlights corporate governance issues in India, where promoters prioritize personal gain over public interes...
- Promoters’ Piggybank: Sebi crackdown on Gensol sparks broader governance alarmSebi’s interim order against Gensol Engineering has spotlighted severe corporate governance lapses, fund diversion, and financial opacity. ...
- BluSmart cab services stay suspended in Delhi-NCR, Bengaluru, Mumbai as cofounder under Sebi lensBluSmart operations remained suspended on Thursday across Delhi-NCR, Bengaluru, and Mumbai amid a Sebi probe into cofounder-linked Gensol o...
- Gensol Engineering independent director Arun Menon resignsArun Menon has tendered his resignation as the independent director of the company, with immediate effect, Gensol told exchanges on Wednesd...
- 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...
- Many Gensols yet to come out? Vijay Kedia lists 10 red flags in companies that scream 'scam alert'After Sebi barred Gensol Engineering for fund misuse, Vijay Kedia warned of more such companies hiding in plain sight. He outlined 10 red f...
- After a 91% crash, 90 lakh retail investors trapped with Gensol Engineering sharesGensol Engineering shares have crashed 91% from their peak, trapping over 90 lakh retail investors. SEBI’s interim order barred the company...
- 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...
- 9 tactics Anmol Singh Jaggi used to siphon money from GensolSEBI’s order exposes how Anmol Singh Jaggi, once seen as a key figure in India’s clean energy push, leveraged Gensol Engineering’s rising r...
- 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...
- 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...
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