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Last week, IREDA filed an insolvency petition against troubled Gensol Engineering
The company is accused of borrowing INR 977.75 Cr from IREDA and PFC for purchasing EVs but not utilising the entire amount for it
In April, SEBI, in an interim order, said Gensol’s promoters Anmol Singh Jaggi and Puneet Singh Jaggi used the company’s funds as their “piggybank”
After filing an insolvency plea against Gensol Engineering, the Indian Renewable Energy Development…
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Last week, IREDA filed an insolvency petition against troubled Gensol Engineering
The company is accused of borrowing INR 977.75 Cr from IREDA and PFC for purchasing EVs but not utilising the entire amount for it
In April, SEBI, in an interim order, said Gensol’s promoters Anmol Singh Jaggi and Puneet Singh Jaggi used the company’s funds as their “piggybank”
After filing an insolvency plea against Gensol Engineering, the Indian Renewable Energy Development…
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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