Gensol

ED Detains BluSmart Co-Founder Over Gensol Links

ED Detains BluSmart Co-Founder Over Gensol Links

Puneet Jaggi, co-founder of EV cab startup BluSmart and the Gensol Group, was detained by the Enforcement Directorate (ED) at the Delhi Hotel in connection with a case involving alleged violations of the Foreign Exchange Management Act (FEMA). According to the sources, Jaggi has been staying in a hotel for the past week.  The ED’s…

Gensol Engineering Faces Scrutiny After SEBI’s Order

Gensol Engineering Faces Scrutiny After SEBI’s Order

The Ministry of Corporate Affairs (MCA) has announced that it will take necessary actions against Gensol Engineering following the recent order by the Securities and Exchange Board of India (SEBI). Last week, the Securities and Exchange Board of India (SEBI) banned the company’s promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, from the stock market…