The Enforcement Directorate (ED) is gearing up to question Anmol and Puneet Singh Jaggi, the promoters of Gensol Engineering, in connection with an investigation into the illegal betting and money laundering operations of the Mahadev Book app. As part of the probe, the ED has taken action by freezing more than 500,000 shares of the company. The agency suspects that the stock prices may have been manipulated with the help of illicit funds that were funneled through foreign portfolio investors. Anmol and Puneet Singh Jaggi are expected to face intense scrutiny as the ED delves deeper into the alleged financial irregularities. The ED’s crackdown on these activities is a part of its ongoing efforts to combat illegal financial practices in India. Stay tuned for more updates on this developing story.
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Enforcement Directorate to question Gensol Engineering promoters in Mahadev Book app probe; shares frozen amid money laundering suspicions.
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