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Rs 43cr flat, Rs 26L golf sets: How BluSmart promoters 'diverted' EV funds
MUMBAI: The promoters of Gensol Engineering, Anmol Singh Jaggi and Puneet Singh Jaggi, engaged in blatant corporate misconduct, including illegal fund diversion for personal gain and stock price manipulation, as revealed by a SEBI investigation. They misappropriated hundreds of crores, using company loans to purchase a luxury flat and fund personal expenses while misleading regulators. SEBI has barred them from the securities market and initiated a forensic audit of Gensol's accounts, highlighting a severe breach...
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