Where did EV funds go? Rs 43cr flat, Rs 26L golf sets...

Thursday, 17 April 2025
Sebi's investigation reveals Gensol Engineering promoters, Anmol and Puneet Jaggi, diverted company funds for personal enrichment, including luxury purchases and stock manipulation. They misused loans, forged documents, and misled regulators. Funds were used to buy a luxury flat and inflate Gensol's stock price through artificial trading.

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Securities and Exchange Board of India Regulatory body for securities and commodity market in India

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