efiletaxMay 27, 2025

SEBI and MCA are turning the heat up on Gensol.

Promoters barred from markets
Fund diversion & governance lapses flagged
18 entities under lens, incl. BluSmart
Forensic audit ordered, NFRA steps in

The probe could reshape trust in India’s green energy space.

Is this the next corporate governance blowup?

#SEBI #MCA #Gensol #BluSmart

NDTVApr 20, 2025
Gensol Engineering is promoted by brothers Anmol Singh Jaggi and Puneet Singh Jaggi
#Gensol #PuneEVPlant #MastIndia #MastodonIndians #India @mastodonindians
https://www.ndtv.com/india-news/gensol-mislead-investors-no-manufacturing-at-pune-ev-plant-sebi-on-anmol-singh-jaggi-puneet-singh-jaggi-8210737#publisher=newsstand
Gensol Misled Investors, No Manufacturing At Pune EV Plant: SEBI

Sebi has prohibited Gensol and its promoters -- Jaggi brothers - from accessing the securities market until further notice.

NDTV