Gensol Engineering shares tumble 5%; hit another lower circuit limit

April 21, 2025

, By The Economic Times

Share via:

Nhares of Gensol Engineering crashed 5% to hit another lower circuit limit on Monday amid the ongoing crisis at the firm. Sebi, through its interim order on Tuesday last week, barred brothers Anmol Singh Jaggi and Puneet Singh Jaggi from accessing the securities markets until further notice.

The action comes amid accusations of siphoning off loan funds from their publicly listed company Gensol Engineering for personal use, raising concerns over corporate governance and financial misconduct.

The stock tanked 4.98% to Rs 111.65 — its lowest trading…

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.

Previous News

Bharti Airtel Enhances AI-Powered Anti-Spam Measures to Combat International Spam Calls and SMS

Next News

AI regurgitating ideas, not telling something new: comic book writer-creator Jim Zub

The Economic Times

Popular

More Like this

Gensol Engineering shares tumble 5%; hit another lower circuit limit

April 21, 2025

, Published By The Economic Times

Nhares of Gensol Engineering crashed 5% to hit another lower circuit limit on Monday amid the ongoing crisis at the firm. Sebi, through its interim order on Tuesday last week, barred brothers Anmol Singh Jaggi and Puneet Singh Jaggi from accessing the securities markets until further notice.

The action comes amid accusations of siphoning off loan funds from their publicly listed company Gensol Engineering for personal use, raising concerns over corporate governance and financial misconduct.

The stock tanked 4.98% to Rs 111.65 — its lowest trading…

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Previous News

Bharti Airtel Enhances AI-Powered Anti-Spam Measures to Combat International Spam Calls and SMS

Next News

AI regurgitating ideas, not telling something new: comic book writer-creator Jim Zub

The Economic Times

More like this

Popular

Block title