SEBI Action: SEBI bars Gensol Engineering Ltd and its promoters from the securities market due to allegations of fund diversion and share price manipulation:

SEBI Action: SEBI bars Gensol Engineering Ltd and its promoters from the securities market due to allegations of fund diversion and share price manipulation:

Daily Current Affairs   /   SEBI Action: SEBI bars Gensol Engineering Ltd and its promoters from the securities market due to allegations of fund diversion and share price manipulation:

Change Language English Hindi

Category : Business and economics Published on: April 19 2025

Share on facebook
  • SEBI barred brothers Anmol Singh Jaggi and Puneet Singh Jaggi from directorships in listed companies, stopped the company's planned stock split, and named a forensic auditor to investigate the matter further.
  • The Securities and Exchange Board of India (SEBI) order, which came after it investigated a complaint received in June 2024, pointed to serious governance lapses, fund diversion and submission of falsified documents.
Recent Post's
  • Lt. Gen. Pushpendra Singh to take over as Vice Chief of Army Staff on Friday.

    Read More....
  • Shubman Gill becomes highest run-scorer as Indian Test captain in a single series with 743 runs.

    Read More....
  • From August 1, PSBs allowed to transfer unclaimed assets to IEPF under amended Banking Laws.

    Read More....
  • Cabinet approves four multi-tracking railway projects worth ₹11,169 crore across six states.

    Read More....
  • DPIIT signs MoU with Roche India to support healthcare startups in critical therapeutic areas.

    Read More....
  • Eminent economist and author Lord Meghnad Desai passes away at age 85.

    Read More....
  • ISRO scientist A. Rajarajan appointed Director of Vikram Sarabhai Space Centre from August 1.

    Read More....
  • Khalid Jamil becomes first Indian in 13 years to be appointed head coach of Indian men's football team.

    Read More....
  • Indian Navy receives third Project 17A stealth frigate ‘Himgiri’ from GRSE, Kolkata.

    Read More....
  • World Breastfeeding Week 2025 to be observed from August 1 to 7 with focus on healthcare system support.

    Read More....