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GENSOL PROMOTERS BARRED
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...- 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...
- NCLT to hear Ireda's insolvency plea against Gensol next month: ReportThe National Company Law Tribunal has issued a notice to Gensol Engineering after the Indian Renewable Energy Development Agency filed an i...
- 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 ...
- 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 slide 5%, extending 20-day rout after SAT denies interim reliefGensol Engineering shares remain under pressure after the SAT denied interim relief against Sebi’s market access ban over alleged fund dive...
- 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...
- 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...
- 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...
- 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...
- 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 Engineering independent director Arun Menon resigns after SEBI crackdownGensol Engineering and its promoters face Sebi action for alleged fund diversions. Independent director Arun Menon resigns, citing concerns...
- 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...
- 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. ...
- 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...
- 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...
- 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...
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