Gensol engineering ltd. Two more independent directors resigned on Thursday amid growing problems for the company under the regulatory scanner. The resignation of three with a period of few hours on Tuesday stopped Gensol Engineering and its promoters – Anmol Singh Jaggi and Puneet Singh Jaggi – a fund from securities markets until further orders … Read more
One of the juicy findings of the capital market regulator about the issues of alleged corporate administration in the construction and engineering firm Gensol engineering An ultra-wooden apartment was financed by the co-pomotor. Anmol singh jaggi But it is alleged to use company funds to buy a luxurious apartment DLF According to an interim order … Read more
Gensol Engineering Ltd (GEL) on Tuesday said Care Ratings has downgraded its bank loan of ₹716 crore to default following delays in “servicing of term loan obligations”, sending the company’s shares reeling. Following the disclosure, the company’s stock fell 20% to hit the lower circuit, settling at ₹413.95 on the BSE. “As per feedback from … Read more