The Securities and Exchange Board of India (Sebi) has recently revealed alleged financial irregularities at Gensol Engineering, a company that made grand announcements about its electric vehicle (EV) plant but reportedly had no manufacturing activity taking place there. Sebi’s investigation exposed discrepancies in pre-orders, suspicious transactions, and fund diversion by the promoter directors Anmol and Puneet Singh Jaggi. As a result, Sebi has taken strict action by barring Gensol Engineering and the Jaggis from the securities market. Additionally, Sebi has directed a stop to the stock split. This move by Sebi underscores the importance of maintaining transparency and integrity in the financial markets.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Securities and Exchange Board of India (Sebi) has recently revealed alleged financial irregularities at Gensol Engineering, a company that made grand announcements about its electric vehicle (EV) plant but reportedly had no manufacturing activity taking place there. Sebi’s investigation exposed discrepancies in pre-orders, suspicious transactions, and fund diversion by the promoter directors Anmol and […]<\/p>\n","protected":false},"author":0,"featured_media":99295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120452502imgsize-865820.jpg",1280,720,false],"thumbnail":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120452502imgsize-865820-150x150.jpg",150,150,true],"medium":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120452502imgsize-865820-300x169.jpg",300,169,true],"medium_large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120452502imgsize-865820-768x432.jpg",640,360,true],"large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120452502imgsize-865820-1024x576.jpg",640,360,true],"1536x1536":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120452502imgsize-865820.jpg",1280,720,false],"2048x2048":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120452502imgsize-865820.jpg",1280,720,false]},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/99294"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=99294"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/99294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media\/99295"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=99294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=99294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=99294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}