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I'm just a normal gu... • 1m

Gensol Engineering's Managing Director Anmol Singh Jaggi and Director Puneet Singh Jaggi have resigned from their positions today, citing directions from the Securities and Exchange Board of India (SEBI) as the reason for their departure, according to their resignation letters. This move follows SEBI's interim order issued last month, which prohibited the Jaggi brothers from holding any directorial or key managerial roles in listed companies.

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India's Latest Start Up Scandal Gensol borrowed almost ₹978 crore to rent electric vehicles (EVs) to BluSmart. And the interesting fact here is that Gensol has no direct equity or ownership interest in BluSmart as a distinct legal entity. Gensol do

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BluSmart's 250+ Cr SCAM. BluSmart, founded by Anmol & Puneet Jaggi exposed by SEBI. SEBI exposed SCAM in the listed company GENSOL, which was founded by the founders of BluSmart. It's like GENSOL = BluSmart. GENSOL owned the half of BluSmart's flee

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So here’s what went wrong with Gensol & BluSmart. The founders, Anmol and Puneet Singh Jaggi, raised a fat ₹978 crore in loans from IREDA and PFC. The money was supposed to be used to build an EV fleet for BluSmart. But guess what? Only 4,704 EVs wer

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