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.

👓 View full article

0 shares	Share Tweet Save Post Send

💡 newsR Knowledge: Other News Mentions

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

ED probes Anil’s RHFL for writing off Rs 7k cr loans to group firms

The Enforcement Directorate (ED) is investigating Anil Ambani's Reliance group for allegedly diverting ₹12,000 crore from Reliance Home Finance Ltd (RHFL) to..
IndiaTimes 4 days ago

'Over Rs 33 lakh crore of collateral-free loans sanctioned': PM Modi interacts with Mudra Yojana beneficiaries

Prime Minister Narendra Modi celebrated the 10th anniversary of the Pradhan Mantri MUDRA Yojana by interacting with beneficiaries. He lauded the scheme's role in...
IndiaTimes on April 8, 2025 Also reported by •newKerala.com

Ratan Tata leaves over Rs 3cr for home & office staff

Ratan Tata, who passed away in October 2024, left nearly Rs 3.5 crore for his house helps and office staff, waived off their loans, and ensured his belongings...
IndiaTimes on April 1, 2025 Also reported by •newKerala.com

PM Mudra Yojana Crosses Key Milestone Of 52 Crore Loans To Poors In 10 years

The scheme has led to the empowerment of women, as nearly 70 per cent of Mudra loans have been availed by women entrepreneurs, enhancing their financial...
Zee News on April 7, 2025 Also reported by •newKerala.com