Jaggi brothers resign from Gensol Engineering on Sebi order

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Promoters of beleaguered Gensol Engineering-Anmol Singh Jaggi and Puneet Singh Jaggi-have resigned from the company following market regulator Sebi‘s interim order, according to an exchange filing. They shall also cease to be a member of the various committees of the company. Anmol Singh Jaggi held the post of managing director while Puneet Singh Jaggi was a whole-time director.

Earlier on April 15, the Securities and Exchange Board of India (Sebi) barred Gensol Engineering and the two promoters from the securities markets till further orders in a



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Jaggi brothers resign from Gensol Engineering on Sebi order


Promoters of beleaguered Gensol Engineering-Anmol Singh Jaggi and Puneet Singh Jaggi-have resigned from the company following market regulator Sebi‘s interim order, according to an exchange filing. They shall also cease to be a member of the various committees of the company. Anmol Singh Jaggi held the post of managing director while Puneet Singh Jaggi was a whole-time director.

Earlier on April 15, the Securities and Exchange Board of India (Sebi) barred Gensol Engineering and the two promoters from the securities markets till further orders in a



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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