Markets regulator SEBI has barred the promoters of Gensol Engineering, Anmol Singh Jaggi and Puneet Singh Jaggi, from holding the position of director or key managerial personnel
The interim order said that Gensol attempted to mislead SEBI, credit rating agencies (CRAs), lenders and investors by submitting forged conduct letters purportedly issued by its lenders
The markets regulator noted that the promoters of Gensol and their related parties/ relatives benefitted from the funds of Gensol through layered…