Gensol Engineering promoters’ stake more than halves amid Sebi crackdown

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Gensol Engineering promoters’ saw their shareholding more than halve from December levels as the company faces probes from multiple agencies, including Sebi. Cofounders Anmol Singh Jaggi and Puneet Singh Jaggi, their mother Jasminder Kaur, and promoter group Gensol Ventures Pvt Ltd lost 57% stake since December 31, as per exchange data till Tuesday.

As of December 2024, the promoters held 2.8 crore shares, or 62.65% stake, in Gensol Engineering, showed shareholding data with BSE. Of this, 81.7% was pledged. By the end of March 2025, the shares held by…



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Gensol Engineering promoters’ stake more than halves amid Sebi crackdown


Gensol Engineering promoters’ saw their shareholding more than halve from December levels as the company faces probes from multiple agencies, including Sebi. Cofounders Anmol Singh Jaggi and Puneet Singh Jaggi, their mother Jasminder Kaur, and promoter group Gensol Ventures Pvt Ltd lost 57% stake since December 31, as per exchange data till Tuesday.

As of December 2024, the promoters held 2.8 crore shares, or 62.65% stake, in Gensol Engineering, showed shareholding data with BSE. Of this, 81.7% was pledged. By the end of March 2025, the shares held by…



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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