Gensol promoters quit board; BluSmart begins shutting ops

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Gensol Engineering promoters, brothers Anmol and Puneet Singh Jaggi, have resigned from their directorial roles at the Ahmedabad-based solar EPC company, after an interim order from the markets regulator barred them from the securities market over alleged financial misconduct.

“In compliance with Sebi’s directions in the interim order,” the duo has been “restrained from holding the position of a director or a key managerial personnel in Gensol until further orders,” the company said in a regulatory filing on Wednesday. “They are no longer…



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Gensol promoters quit board; BluSmart begins shutting ops


Gensol Engineering promoters, brothers Anmol and Puneet Singh Jaggi, have resigned from their directorial roles at the Ahmedabad-based solar EPC company, after an interim order from the markets regulator barred them from the securities market over alleged financial misconduct.

“In compliance with Sebi’s directions in the interim order,” the duo has been “restrained from holding the position of a director or a key managerial personnel in Gensol until further orders,” the company said in a regulatory filing on Wednesday. “They are no longer…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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