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
  • India strikes terror camps in Pakistan and PoK in response to Pahalgam killings; flights at 13 northern airports cancelled till May 10.

    Read More....
  • PM Modi calls space a symbol of curiosity and unity at Global Space Conference 2025.

    Read More....
  • India-UK free trade deal finalized, aiming for $34 billion trade by 2040.

    Read More....
  • India’s co-working space to grow to 125 million sq. ft. by 2027; five IPOs to raise ₹7,000 crore. Hindi:

    Read More....
  • CM Stalin to lead May 10 rally supporting armed forces, condemning Pakistan’s actions.

    Read More....
  • SECL hosts first ‘Sneh Milan Mela’ in Chhattisgarh to strengthen ties with local communities.

    Read More....
  • World Red Cross Day to be observed on May 8 to honor humanitarian efforts worldwide.

    Read More....
  • India rolls out chip-based e-passports for secure and biometric global travel.

    Read More....
  • First geothermal well in Northeast drilled in Arunachal to power eco-friendly agricultural solutions.

    Read More....
  • Brazil to host 2027 Women’s World Cup; Maracana among 8 FIFA-announced venues.

    Read More....