Puneet Singh Jaggi News - Latest Updates & Headlines
Gensol Engineering's stock sinks over 95 pc, investors lose nearly Rs 4,000 crore
New Delhi, June 11: Investors in the Gensol Engineering Limited (GEL) have suffered a massive loss to the tune of nearly Rs 4,000 crore as the stock of the fraud-hit company sank by more than 95 per cent.
MCA probe against Gensol to be completed in 3-5 months: Sources
New Delhi, May 20: The Ministry of Corporate Affairs (MCA) investigation in Gensol Engineering case, encompassing 18 companies, will be completed in 3-5 months, sources told ANI.
Jaggi brothers resign from top posts at scam-hit Gensol Engineering
Mumbai, May 12: Scam-hit Gensol Engineering Ltd informed the stock exchanges on Monday that the company's Managing Director Anmol Singh Jaggi and his brother, whole-time Director Puneet Singh Jaggi, have resigned from their posts and, consequently, also cease to be members of various committees of the company.
2 more independent directors at Gensol Engineering quit amid SEBI heat
New Delhi, April 18: Two more independent directors at Gensol Engineering Ltd have resigned amid mounting troubles for the company, as the Securities and Exchange Board of India (SEBI) barred Gensol promoters Anmol Singh Jaggi and Puneet Singh Jaggi over alleged fund diversion and record falsification.
BluSmart's parent firm Gensol shares crash 90 pc as SEBI exposes mega fraud
New Delhi, April 17: The stock of Gensol Engineering Limited, the parent company of EV maker BluSmart, crashed another 5 per cent on Thursday, taking the total fall to nearly 90 per cent from the 52-week high of Rs 1,124.90 after a massive fraud was exposed by the capital markets regulator.
How BluSmart promoters diverted EV loans, bought flat in DLF Camellias
Mumbai/New Delhi, April 16: In a shocking revelation, Gensol Engineering Limited (GEL) promoters Anmol Singh Jaggi and Puneet Singh Jaggi have been found to be diverting funds meant for electric vehicle (EV) procurement to buy a luxury apartment in Gurugram's upscale residential project -- The Camellias by DLF.