Search result for 'financial misconduct'

Sebi upholds ban on Gensol Engineering and Jaggi brothers for fund diversion and corporate governance failures. The ban includes restrictions on holding directorial positions.

India's corporate affairs ministry has launched an investigation into Gensol Engineering and BluSmart Mobility for alleged violations of company law. The probe follows accusations of fund...

ICAI is reviewing the financial statements of Gensol Engineering and BluSmart Mobility, with the process expected to be completed in six months. The review follows concerns about fund diversions...

Gensol Engineering shares continued their downward spiral, hitting a fresh lower circuit limit on Friday, marking the 12th consecutive day of decline. The stock has lost over 44% in the past 12...

The Enforcement Directorate has raided Gensol Engineering Ltd. and detained its co-promoter Puneet Singh Jaggi from a Delhi hotel. The raids were conducted under the provisions of the Foreign...

Gensol Engineering shares continued their decline, hitting another lower circuit level for the 11th consecutive day. The drop comes amid accusations of financial misconduct and a Sebi order barring...

ICAI's Financial Reporting Review Board will review the financial statements of Gensol Engineering and BluSmart Mobility for the 2023-24 fiscal year following allegations of fund diversions and...

Gensol Engineering shares plummeted 5% to hit a new low after Sebi barred brothers Anmol and Puneet Jaggi from accessing the securities market due to allegations of financial misconduct. The stock...

Enforcement Directorate (ED) may probe Gensol Engineering for alleged fund diversion and financial misconduct by its promoters, based on SEBI findings of irregularities and potential investor...

Gensol Engineering shares plunged 5% to a new low after Sebi barred brothers Anmol and Puneet Jaggi from the securities markets. Concerns over corporate governance and financial misconduct fueled...

The Ministry of Corporate Affairs will take necessary action against Gensol Engineering following Sebi's order barring the promoters from the securities market for violations.

Gensol Engineering shares crashed 5% on Monday, hitting another lower circuit limit. Sebi barred the Jaggi brothers from accessing securities markets amid accusations of siphoning funds from the...

Sebi bars Jaggi brothers from securities markets after finding they siphoned off funds from Gensol Engineering for personal use. The investigation reveals alleged financial misconduct and...

Sebi has barred Pacheli Industrial Finance and 6 others from the securities market for alleged financial irregularities and stock manipulation. The regulator found evidence of round-tripping and a...

Sebi member Amarjeet Singh urges industry to provide feedback during consultative process before rules are notified, emphasizing the importance of early engagement for effective regulation.