NEW DELHI: Gensol Engineering Ltd co-promoter Puneet Jaggi advised a Delhi court docket on Tuesday that he was not concerned within the day-to-day affairs of the corporate, which is being investigated by a number of companies, and claimed his elder brother Anmol, at present in Dubai, made all of the administration selections, officers conversant in…
New Delhi: The Enforcement Directorate (ED) has detained BluSmart co-founder Puneet Jaggi from a Delhi resort, after the company carried out raids in a case associated to Gensol Engineering Ltd. The raids have been carried out at firm’s workplaces in Delhi, Gurugram, and Ahmedabad below the International Trade Administration Act (FEMA). The ED is investigating…
Story up to now: Touted as a ‘one-stop store for all issues associated to solar energy’, Gensol Engineering Ltd noticed its shares plummet by 90% in April this yr from their 52-week excessive of ₹1125 in June 24, 2024. The autumn adopted after India’s regulatory physique, Securities and Alternate Board of India (SEBI), discovered alarming…
